Oblong Inc Stock Analysis

OBLG Stock  USD 0.12  0.01  7.69%   
Oblong Inc is fairly valued with Real Value of 0.12 and Hype Value of 0.12. The main objective of Oblong stock analysis is to determine its intrinsic value, which is an estimate of what Oblong Inc is worth, separate from its market price. There are two main types of Oblong's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Oblong's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Oblong's stock to identify patterns and trends that may indicate its future price movements.
The Oblong stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Oblong is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Oblong Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Oblong's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oblong Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Oblong Stock Analysis Notes

The company has price-to-book ratio of 0.47. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Oblong Inc recorded a loss per share of 0.98. The entity last dividend was issued on the 18th of April 2019. The firm had 1:15 split on the 4th of January 2023. Oblong Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. Further, it provides professional services, such as software development, visual and interaction design, engineering, and project support services and resells video equipment to its customers. Oblong operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 47 people. To find out more about Oblong Inc contact the company at 303 640 3838 or learn more at https://www.oblong.com.

Oblong Quarterly Total Revenue

944,000

Oblong Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Oblong's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Oblong Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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 Inc Upcoming and Recent Events

Earnings reports are used by Oblong to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Oblong previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
13th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Oblong Largest EPS Surprises

Earnings surprises can significantly impact Oblong's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-03-29
2021-12-31-0.07-0.09-0.0228 
2021-08-11
2021-06-30-1.35-1.20.1511 
2023-03-21
2022-12-31-0.1-0.5898-0.4898489 
View All Earnings Estimates

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 originate 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
Wells Fargo & Co2023-12-31
110
Blackrock Inc2023-12-31
75.0
Stone House Investment Management, Llc2023-09-30
0.0
Barclays Plc2023-09-30
0.0
Anson Funds Management Lp2023-12-31
0.0
Virtu Financial Llc2023-09-30
0.0
Two Sigma Securities, Llc2023-12-31
0.0
Acadian Asset Management Llc2023-12-31
126.9 K
Foundry Group Next, Llc2023-09-30
115.9 K
Goldman Sachs Group Inc2023-12-31
94.3 K
Vanguard Group Inc2023-12-31
45.4 K
Note, although Oblong's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Oblong Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Oblong's market, we take the total number of its shares issued and multiply it by Oblong's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Oblong Profitablity

Oblong's profitability indicators refer to fundamental financial ratios that showcase Oblong's ability to generate income relative to its revenue or operating costs. If, let's say, Oblong is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Oblong's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Oblong's profitability requires more research than a typical breakdown of Oblong's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (1.15) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.08) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.08.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.63)(0.66)
Return On Capital Employed(0.84)(0.88)
Return On Assets(0.63)(0.66)
Return On Equity(0.80)(0.76)

Management Efficiency

Oblong Inc has return on total asset (ROA) of (0.4601) % which means that it has lost $0.4601 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.9616) %, meaning that it created substantial loss on money invested by shareholders. Oblong's management efficiency ratios could be used to measure how well Oblong manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.66. The current Return On Capital Employed is estimated to decrease to -0.88. At this time, Oblong's Fixed Asset Turnover is most likely to increase significantly in the upcoming years.
Last ReportedProjected for Next Year
Book Value Per Share 0.98  0.93 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 0.98  1.03 
Enterprise Value Over EBITDA 1.02  0.97 
Price Book Value Ratio 0.20  0.21 
Enterprise Value Multiple 1.02  0.97 
Price Fair Value 0.20  0.21 
Enterprise Value998.2 K948.3 K
The analysis of Oblong's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Oblong's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Oblong Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
3.057

Technical Drivers

As of the 25th of April, Oblong holds the Variance of 44.71, coefficient of variation of (3,066), and Risk Adjusted Performance of (0.01). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oblong, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Oblong Inc, which can be compared to its competitors. Please check Oblong Inc variance and value at risk to decide if Oblong Inc is priced some-what accurately, providing market reflects its current price of 0.12 per share. As Oblong Inc appears to be a penny stock we also advise to check out its jensen alpha numbers.

Oblong Inc Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Oblong middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Oblong Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Oblong Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Oblong insiders, such as employees or executives, is commonly permitted as long as it does not rely on Oblong's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Oblong insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Oblong Predictive Daily Indicators

Oblong intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Oblong stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Oblong Forecast Models

Oblong's time-series forecasting models are one of many Oblong's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Oblong's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Oblong Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Oblong prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Oblong shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Oblong. By using and applying Oblong Stock analysis, traders can create a robust methodology for identifying Oblong entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(1.14)(1.09)
Operating Profit Margin(1.22)(1.16)
Net Loss(1.15)(1.09)
Gross Profit Margin 0.15  0.29 

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Oblong to your portfolios without increasing risk or reducing expected return.

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Portfolio Volatility

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When determining whether Oblong Inc is a strong investment it is important to analyze Oblong's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oblong's future performance. For an informed investment choice regarding Oblong Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oblong Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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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.