Olb Group Stock Today

OLB Stock  USD 2.71  0.20  6.87%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 37

 
High
 
Low
Below Average
OLB is trading at 2.71 as of the 30th of September 2024, a 6.87 percent decrease since the beginning of the trading day. The stock's open price was 2.91. OLB has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for OLB Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2024 and ending today, the 30th of September 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
13th of July 2007
Category
Technology
Classification
Information Technology
The OLB Group, Inc. provides integrated financial and transaction processing services for small- and mid-sized merchants in the United States. The company was founded in 1993 and is headquartered in New York, New York. Olb operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 1.8 M outstanding shares of which 4.08 K shares are now shorted by investors with about 0.68 days to cover. More on OLB Group

Moving together with OLB Stock

  0.64BB BlackBerryPairCorr

Moving against OLB Stock

  0.39VRNS Varonis SystemsPairCorr
  0.38CETXP Cemtrex PrefPairCorr

OLB Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Old Names[Oldenburgische Landesbank AG, Oldenburgische Landesbank AG, Oldenburgische Landesbank AG, Oldenburgische Landesbank AG, Oldenburgische Landesbank AG]
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.471.5496
Notably Down
Slightly volatile
Total Current Liabilities7.6 M7.2 M
Sufficiently Up
Slightly volatile
Total Assets20.7 M19.7 M
Sufficiently Up
Slightly volatile
Total Current Assets982.6 K1.8 M
Way Down
Slightly volatile
Debt Levels
OLB can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand OLB's financial leverage. It provides some insight into what part of OLB's total assets is financed by creditors.
Liquidity
OLB Group has 407.86 K in debt with debt to equity (D/E) ratio of 0.08, which may show that the company is not taking advantage of profits from borrowing. OLB Group has a current ratio of 1.85, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for OLB to invest in growth at high rates of return.

Change In Cash

(242,269)
OLB Group (OLB) is traded on NASDAQ Exchange in USA. It is located in 1120 Avenue of the Americas, New York, NY, United States, 10036 and employs 26 people. OLB is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a total capitalization of 5.23 M. OLB Group runs under Software sector within Information Technology industry. The entity has 1.8 M outstanding shares of which 4.08 K shares are now shorted by investors with about 0.68 days to cover. OLB Group has about 3.62 M in cash with 2.05 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check OLB Probability Of Bankruptcy
Ownership Allocation
OLB shows substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
Check OLB Ownership Details

OLB Stock Institutional Holders

InstituionRecorded OnShares
Avalon Trust Co2024-06-30
36 K
Vanguard Group Inc2024-06-30
11.3 K
Pnc Financial Services Group Inc2024-06-30
10 K
Tower Research Capital Llc2024-06-30
2.3 K
Wells Fargo & Co2024-06-30
1000
Ubs Group Ag2024-06-30
302
Morgan Stanley - Brokerage Accounts2024-06-30
300
Bank Of America Corp2024-06-30
9.0
Hpm Partners Llc2024-03-31
0.0
Virtu Financial Llc2024-03-31
0.0
View OLB Diagnostics

OLB Historical Income Statement

At present, OLB's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 43.2 M, whereas Interest Expense is forecasted to decline to about 141.1 K. View More Fundamentals

OLB Stock Against Markets

Additional Information and Resources on Investing in OLB Stock

When determining whether OLB Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OLB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Olb Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Olb Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OLB Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OLB. If investors know OLB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OLB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.22)
Revenue Per Share
13.714
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.30)
Return On Equity
(1.25)
The market value of OLB Group is measured differently than its book value, which is the value of OLB that is recorded on the company's balance sheet. Investors also form their own opinion of OLB's value that differs from its market value or its book value, called intrinsic value, which is OLB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OLB's market value can be influenced by many factors that don't directly affect OLB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OLB's value and its price as these two are different measures arrived at by different means. Investors typically determine if OLB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OLB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.