Oblong, Inc. (NYSE:OBLG – Get Free Report) traded up 1.5% during trading on Friday . The company traded as high as $4.24 and last traded at $3.94. 38,107 shares changed hands during trading, a decline of 1% from the average session volume of 38,454 shares. The stock had previously closed at $3.88.
Oblong Stock Performance
The firm’s fifty day moving average price is $3.60 and its two-hundred day moving average price is $2.88.
Oblong (NYSE:OBLG – Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($11.25) EPS for the quarter. Oblong had a negative net margin of 158.75% and a negative return on equity of 89.12%. The business had revenue of $0.58 million during the quarter.
Oblong Company Profile
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. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications.
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