The OLB Group Inc. (NASDAQ:OLB) saw an upside of 6.70% to close Tuesday at $4.78 after adding $0.3 on the day. The 5-day average trading volume is 897,060 shares of the company’s common stock. It has gained $5.15 in the past week. An average of 507,305 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 673,808.
OLB’s 1-month performance is -14.95% or -$0.45 on its low of $3.59 reached on 09/27/21. The company’s shares have touched a 52-week low of $3.26 and high of $16.40, with the stock’s rally to the 52-week high happening on 02/10/21. YTD, OLB has lost -3.24% or -$0.16. However, the current price is down -70.85%% from the 52-week high price.
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On Aug 26, 48 days have gone by since the last insider trading activity for The OLB Group Inc. (OLB). Herzog John E (10% Owner) most recently sold 4,529 shares at $3.54 per share on Aug 26. This transaction cost the insider $16,033. 10% Owner, Herzog John E, sold 7,889 shares at a price of $5.30 on May 28. Then, on May 27, 10% Owner Herzog John E sold 3,333 shares at a price of $4.95 per share. This transaction amounted to $16,498.
The OLB Group Inc. (OLB) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 36.86 for the sector. The company’s PE ratio for the last five years has touched a high of 9.527 and a low of 1.473. OLB stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.28 while the price-to-book (PB) in the most recent quarter is 3.01.
The OLB Group Inc.’s quick ratio for the period ended June 29 was 4.20, with the current ratio over the same period at 4.20 meaning that OLB stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.02, while the total debt to equity was 0.02. In terms of profitability, the gross margin trailing 12 months is 35.00%. The trailing 12-month EBITDA margin is 1.30% while for the period ending June 29; The OLB Group Inc.’s operating margin was -20.30%. The firm’s gross profit as reported stood at $3.76 million against revenue of $9.77 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected OLB to announce -$0.05 per share in earnings in its latest quarter, but it posted -$0.09, representing a -80.00% surprise. EBITDA for the quarter stood at more than -$0.38 million. OLB stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 0.97 million, with total debt at $0.47 million. Shareholders hold equity totaling $7.27 million
Let’s look briefly at The OLB Group Inc. (OLB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 62.06% to suggest the stock is trending Neutral, with historical volatility in this time period at 81.63%.
The stock’s 5-day moving average is $4.38, reflecting a +24.16% or $0.93 change from its current price. OLB is currently trading -11.65% above its 20-day SMA, -2.45% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -13.87% and +1.49% respectively.
Stochastic %K and %D was 64.63% and 57.32% and the average true range (ATR) pointed at 0.47. The RSI (14) points at 55.63%, while the 14-day stochastic is at 76.28% with the period’s ATR at 0.50. The stock’s 9-day MACD Oscillator is pointing at 0.25 and 0.27 on the 14-day charts.
Analysts offering their rating for OLB stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate OLB as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is OLB’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $9.00 and a high of $15.00, with their median price target at $12.00. Looking at these predictions, the average price target given by analysts is for The OLB Group Inc. (OLB) stock is $12.00.