How to Buy Oblong Stock
Oblong Inc
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.
Oblong stock last closed at $0.12, down 2.5% from the previous day, and has decreased 95.08% in one year. It has underperformed other stocks in the Software - Application industry by 1.23 percentage points. Oblong stock is currently +14.71% from its 52-week low of $0.10, and -94% from its 52-week high of $1.95.
As of May 3, 2024, there are 16.68M OBLG shares outstanding. The market capitalization of OBLG is $1.95M. In the last 24 hours, 325,967 OBLG shares were traded.
How to Buy Oblong Stock
Wondering how to invest in Oblong stock? Here's how.
- Figure out where to buy Oblong stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Oblong stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your info.
- Analyze Oblong stock: The Oblong ticker symbol is OBLG. Is Oblong stock a good investment? Should you buy shares of OBLG? How do OBLG's underlying business fundamentals look? Do top analysts think Oblong is a good buy? Why has OBLG's stock price moved recently? (Hint: Our stock research tools can help you evaluate if OBLG is a good stock to buy).
- Make your OBLG buy order: Decide if you will purchase OBLG shares at the current market price or use a limit order to purchase OBLG shares at a given price.
- Monitor your OBLG investment: Create a watchlist to important updates regarding your position in Oblong shares.
Step 1: Figure out where to buy Oblong stock
You need a brokerage account in order to access the NASDAQ market and buy OBLG stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world markets: From Tech to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you are able to buy OBLG today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on stock market app, you can securely and quickly fund your account:
Check out the tutorial below to see the process of transferring money into your new investment account.
Step 4: Analyze Oblong stock
After you have identified the best place to buy Oblong stock, it's critical to research their stock before you invest, so you truly comprehend the risk and opportunity.
Oblong stock quick numbers
Oblong Fundamentals
WallStreetZen was designed to help average investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on OBLG's stock page.
Is OBLG stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge OBLG's fair value.
Using relative valuations metrics:
- OBLG could be undervalued based on its P/B ratio of 0.35x, relative to Software - Application industry P/B ratio of 6.48x
You can access additional valuation analysis on OBLG's stock here.
A look at OBLG Cashflows and Balance Sheet
Signs that OBLG is financially healthy:
- OBLG has a low debt to equity ratio of 0.26.
- There are more short-term assets than long-term liabilities on the OBLG balance sheet.
- OBLG has cash burn of 2993000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the OBLG balance sheet.
- OBLG has $5.99M in cash and short term investments. This is enough to cover its annual cash burn of $2.99M.
Signs that OBLG is not financially healthy:
- Total OBLG debt is higher than 5 years ago, relative to shareholder equity.
- OBLG profit margin has gone up by 2.56 percentage points in the past year, but the company is still unprofitable.
OBLG Technical Indicators
How are OBLG Revenues/Earnings doing?
Last year, OBLG revenue was $3.81M. Over the last 5 year, OBLG's revenue has increased by -21.22% per year. This was slower than the Software - Application industry average of 26.66%.
You can research OBLG's earnings and revenue performance here.
Latest Insiders Trades at OBLG
Over the past 12 months, insiders at OBLG have sold more shares than they have bought.
Jason T. Adelman, Director of OBLG, was the latest OBLG insider to sell. They sold $9,655.34 worth of OBLG stock on Oct 24, 2023.
Learn more about who owns OBLG stock here.
Can I get consistent income from OBLG stock?
No, Oblong doesn't provide an income stream by paying out dividends.
What others are saying about OBLG
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your OBLG buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open button and your broker will execute your order.
If you need additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your OBLG investment
Now that you own some OBLG stock, you'll want to keep up with your investment.
Create a watchlist to keep track of your OBLG stock.
OBLG Feed
No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.
How to Buy Stock in Oblong
To summarize, here are the 6 steps you need to take to buy Oblong stock right now:
- Figure out where to buy Oblong stock
- Open a brokerage account
- Fund your investment account
- Analyze Oblong stock
- Make your OBLG buy order
- Monitor your OBLG investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Oblong, click below.
Other Content You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.