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Oblong Inc is currently in a long term downtrend where the price is trading 33.7% below its 200 day moving average.
From a valuation standpoint, the stock is 92.5% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.9.
Oblong Inc's total revenue sank by 27.7% to $4M since the same quarter in the previous year.
Its net income has increased by 120.8% to $1M since the same quarter in the previous year.
Finally, its free cash flow fell by 137.1% to $-2M since the same quarter in the previous year.
Based on the above factors, Oblong Inc gets an overall score of 2/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US6744341057 |
Sector | Technology |
Industry | Software - Application |
Beta | 3.53 |
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Market Cap | 4M |
PE Ratio | None |
Target Price | 15 |
Dividend Yield | None |
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, which 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. The company also provides managed videoconferencing services; and remote service management, which offers an overlay to enterprise information technology and channel partner support organizations, as well as support and management services for customer video environments. In addition, it provides network solutions, including Cloud Connect: Video that allows its customers to outsource the management of their video traffic to them and provides the customer's office locations with a secure, dedicated video network connection to the Oblong Cloud for video communications; Cloud Connect: Converge, which offers customized multiprotocol label switching solutions; and Cloud Connect: Cross Connect that allows the customer to leverage existing carrier for the extension of a Layer 2 private line to its data center. The company serves industries comprising aerospace, consulting, executive search, media, legal, insurance, technology, financial services, education, healthcare, real estate, retail, construction, hospitality, and others, as well as government sector. Oblong, Inc. is based in Denver, Colorado.
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