Oblong Inc Stock Buy Hold or Sell Recommendation
OBLG Stock | USD 0.13 0.01 7.14% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Oblong Inc is 'Strong Sell'. Macroaxis provides Oblong buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Oblong positions. The advice algorithm takes into account all of Oblong's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Oblong's buy or sell advice are summarized below:
Real Value 0.13 | Hype Value 0.13 | Market Value 0.13 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Oblong Inc given historical horizon and risk tolerance towards Oblong. When Macroaxis issues a 'buy' or 'sell' recommendation for Oblong Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Oblong |
Execute Oblong Buy or Sell Advice
The Oblong recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Oblong Inc. Macroaxis does not own or have any residual interests in Oblong Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Oblong's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Oblong Trading Alerts and Improvement Suggestions
Oblong Inc generated a negative expected return over the last 90 days | |
Oblong Inc has high historical volatility and very poor performance | |
Oblong Inc has some characteristics of a very speculative penny stock | |
The company reported the previous year's revenue of 3.81 M. Net Loss for the year was (4.38 M) with profit before overhead, payroll, taxes, and interest of 1.55 M. | |
Oblong Inc currently holds about 5.11 M in cash with (2.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Oblong Inc has a poor financial position based on the latest SEC disclosures | |
Latest headline from news.google.com: Oblong Stock Price Up 6.5 percent - Defense World |
Oblong Returns Distribution Density
The distribution of Oblong's historical returns is an attempt to chart the uncertainty of Oblong's future price movements. The chart of the probability distribution of Oblong daily returns describes the distribution of returns around its average expected value. We use Oblong Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Oblong returns is essential to provide solid investment advice for Oblong.
Mean Return | -0.1 | Value At Risk | -11.76 | Potential Upside | 12.50 | Standard Deviation | 6.62 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Oblong historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Oblong Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Oblong is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oblong Inc backward and forwards among themselves. Oblong's institutional investor refers to the entity that pools money to purchase Oblong's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Blackrock Inc | 2023-12-31 | 75.0 | Stone House Investment Management, Llc | 2023-09-30 | 0.0 | Barclays Plc | 2023-09-30 | 0.0 | Anson Funds Management Lp | 2023-12-31 | 0.0 | Virtu Financial Llc | 2023-09-30 | 0.0 | Two Sigma Securities, Llc | 2023-12-31 | 0.0 | Acadian Asset Management Llc | 2023-12-31 | 126.9 K | Foundry Group Next, Llc | 2023-09-30 | 115.9 K | Goldman Sachs Group Inc | 2023-12-31 | 94.3 K | Vanguard Group Inc | 2023-12-31 | 45.4 K | Renaissance Technologies Corp | 2023-12-31 | 41.3 K |
Oblong Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 2.6M | 675K | 3.7M | (5.9M) | 2.4M | 2.5M | |
Free Cash Flow | (3.3M) | (6.6M) | (7.8M) | (5.9M) | (3.0M) | (3.1M) | |
Depreciation | 1.3M | 4.1M | 3.2M | 1.9M | 345K | 327.8K | |
Other Non Cash Items | 90K | 114K | (2.0M) | 13.6M | 889K | 844.6K | |
Capital Expenditures | 335K | 45K | 38K | 50K | 11K | 0.0 | |
End Period Cash Flow | 4.6M | 5.3M | 9M | 3.1M | 5.5M | 2.8M | |
Change To Inventory | 19K | 820K | (901K) | 615K | 484K | 508.2K | |
Net Income | (7.8M) | (7.4M) | (9.1M) | (21.9M) | (4.4M) | (4.6M) | |
Change To Netincome | 2.4M | (1.5M) | (1.1M) | 13.4M | 15.4M | 16.2M | |
Investments | (335K) | 2.1M | (31K) | (49K) | 19K | 0.0 |
Oblong Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Oblong or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Oblong's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Oblong stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.21 | |
β | Beta against NYSE Composite | 1.65 | |
σ | Overall volatility | 6.78 | |
Ir | Information ratio | -0.03 |
Oblong Volatility Alert
Oblong Inc is displaying above-average volatility over the selected time horizon. Oblong Inc is a potential penny stock. Although Oblong may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Oblong Inc. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Oblong instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Oblong Fundamentals Vs Peers
Comparing Oblong's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Oblong's direct or indirect competition across all of the common fundamentals between Oblong and the related equities. This way, we can detect undervalued stocks with similar characteristics as Oblong or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Oblong's fundamental indicators could also be used in its relative valuation, which is a method of valuing Oblong by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Oblong to competition |
Fundamentals | Oblong | Peer Average |
Return On Equity | -0.96 | -0.31 |
Return On Asset | -0.46 | -0.14 |
Profit Margin | (1.15) % | (1.27) % |
Operating Margin | (1.08) % | (5.51) % |
Current Valuation | (3.84 M) | 16.62 B |
Shares Outstanding | 20.29 M | 571.82 M |
Shares Owned By Insiders | 0.88 % | 10.09 % |
Shares Owned By Institutions | 2.30 % | 39.21 % |
Number Of Shares Shorted | 969.09 K | 4.71 M |
Price To Earning | (0.78) X | 28.72 X |
Price To Book | 0.47 X | 9.51 X |
Price To Sales | 0.68 X | 11.42 X |
Revenue | 3.81 M | 9.43 B |
Gross Profit | 1.55 M | 27.38 B |
EBITDA | (4.29 M) | 3.9 B |
Net Income | (4.38 M) | 570.98 M |
Cash And Equivalents | 5.11 M | 2.7 B |
Cash Per Share | 0.17 X | 5.01 X |
Total Debt | 17 K | 5.32 B |
Debt To Equity | 0.04 % | 48.70 % |
Current Ratio | 3.31 X | 2.16 X |
Book Value Per Share | 0.33 X | 1.93 K |
Cash Flow From Operations | (2.99 M) | 971.22 M |
Short Ratio | 0.16 X | 4.00 X |
Earnings Per Share | (0.98) X | 3.12 X |
Target Price | 15.0 | |
Number Of Employees | 17 | 18.84 K |
Beta | 3.06 | -0.15 |
Market Capitalization | 2.6 M | 19.03 B |
Total Asset | 6.92 M | 29.47 B |
Retained Earnings | (228.23 M) | 9.33 B |
Working Capital | 5.5 M | 1.48 B |
Current Asset | 4.08 M | 9.34 B |
Note: Acquisition by Main Street Capital Corp of 145394 shares of Oblong at 0.35 subject to Rule 16b-3 [view details]
Oblong Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Oblong . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 55436.86 | |||
Daily Balance Of Power | (1.00) | |||
Rate Of Daily Change | 0.93 | |||
Day Median Price | 0.14 | |||
Day Typical Price | 0.13 | |||
Price Action Indicator | (0.01) | |||
Period Momentum Indicator | (0.01) |
About Oblong Buy or Sell Advice
When is the right time to buy or sell Oblong Inc? Buying financial instruments such as Oblong Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 959K | 946K | 1.0M | 986.1K | Total Assets | 28.6M | 5.7M | 6.9M | 6.6M |
Use Investing Ideas to Build Portfolios
In addition to having Oblong in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cancer Fighters Thematic Idea Now
Cancer Fighters
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 59 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cancer Fighters Theme or any other thematic opportunities.
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Check out Oblong Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Oblong Stock analysis
When running Oblong's price analysis, check to measure Oblong's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oblong is operating at the current time. Most of Oblong's value examination focuses on studying past and present price action to predict the probability of Oblong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oblong's price. Additionally, you may evaluate how the addition of Oblong to your portfolios can decrease your overall portfolio volatility.
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Is Oblong's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oblong. If investors know Oblong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oblong listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share (0.98) | Revenue Per Share 0.681 | Quarterly Revenue Growth (0.34) | Return On Assets (0.46) |
The market value of Oblong Inc is measured differently than its book value, which is the value of Oblong that is recorded on the company's balance sheet. Investors also form their own opinion of Oblong's value that differs from its market value or its book value, called intrinsic value, which is Oblong's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oblong's market value can be influenced by many factors that don't directly affect Oblong's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oblong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oblong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oblong's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.