Oblong (OR) Downgraded by Zacks Investment Research to Hold

Oblong stock has undergone multiple analysts rating changes in the recent past.  Oblong Downgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of Oblong traded down -$0.01 on Tuesday, reaching $1.98. 0 shares of the stock traded hands, compared to its average volume of 110527. Shares of Oblong were trading at $1.98 on Tuesday. The firm’s 50 day moving average is $11.98 and its 200 day moving average is $12.41.Oblong has a 12 month low of $1.95 and a 12 month high of $12.25. While on yearly highs and lows, Oblong’s today has traded high as $2.02 and has touched $1.95 on the downward trend. See More Analyst Rating at: RATING

Oblong Earnings and What to expect: 

Osisko Gold Royalties last announced its earnings results on August 9th, 2021. The basic materials company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. The firm earned $46.60 million during the quarter. Osisko Gold Royalties has generated $0.21 earnings per share over the last year ($0.06 diluted earnings per share) and currently has a price-to-earnings ratio of 196.7. Earnings for Osisko Gold Royalties are expected to grow by 18.92% in the coming year, from $0.37 to $0.44 per share. Osisko Gold Royalties has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 8th, 2021 based off prior year’s report dates.

Earnings for Osisko Gold Royalties are expected to grow by 18.92% in the coming year, from $0.37 to $0.44 per share. The P/E ratio of Osisko Gold Royalties is 196.70, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of Osisko Gold Royalties is 196.70, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 15.96. Osisko Gold Royalties has a PEG Ratio of 1.09. PEG Ratios above 1 indicate that a company could be overvalued. Osisko Gold Royalties has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Oblong (OR) Moving Average Technical Analysis

5 day Moving Average is $11.64 And 5 day price change is $0.41 (3.60%)  with average volume for 5 day average is 432,920. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $11.54 and 20 day price change is -$0.32 (-2.64%) and average 20 day moving volume is 758,825. 50 day moving average is $11.98  and 50 day price change is -$1.69 ( -12.53%)  and with average volume for 50 days is : 629,230. 200 day moving average is $12.41  and 200 day price change is -$0.56 (-4.53%)  and with average volume for 200 days is : 742,156.

Other owners latest trading in Oblong :

  • On 10/12/2021 shares held by Symphony Financial Ltd. Co. were 120,859 which equates to market value of $1.34M and appx 0.50% owners of Oblong
  • On 10/7/2021 shares held by Newman Dignan & Sheerar Inc. were 11,139 which equates to market value of $0.13M and appx 0.00% owners of Oblong
  • On 8/23/2021 shares held by Morgan Stanley were 458,729 which equates to market value of $6.28M and appx 0.00% owners of Oblong
  • In total Institutional ownership equates to Institutional Ownership Percentage: 52.94% for Oblong

See More Analyst Rating at: RATING