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Is Oblong Inc (OBLG) a Laggard in the Technology Sector?

Monday, June 05, 2023 01:51 PM | InvestorsObserver Analysts

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Is Oblong Inc (OBLG) a Laggard in the Technology Sector?

Oblong Inc (OBLG) is around the bottom of the Technology sector according to InvestorsObserver. OBLG received an overall rating of 31, which means that it scores higher than 31% of stocks. Additionally, Oblong Inc scored a 7 in the Technology sector, ranking it higher than 7% of stocks in that sector.

Overall Score - 31
OBLG has an Overall Score of 31. Find out what this means to you and get the rest of the rankings on OBLG!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 31 means the stock is more attractive than 31 percent of stocks. Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in technology or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Oblong Inc Stock Today?

Oblong Inc (OBLG) stock is trading at $1.63 as of 1:18 PM on Monday, Jun 5, a gain of $0.06, or 3.7% from the previous closing price of $1.57. The stock has traded between $1.56 and $1.69 so far today. Volume today is light. So far 12,927 shares have traded compared to average volume of 117,371 shares. Click Here to get the full Stock Report for Oblong Inc stock.

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