The OLB Group, Inc. (NASDAQ:OLB – Get Free Report)’s stock price fell 6% on Tuesday . The company traded as low as $2.25 and last traded at $2.35. 14,315 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 17,097 shares. The stock had previously closed at $2.50.
The OLB Group Trading Down 6.0 %
The firm’s 50-day simple moving average is $2.27 and its two-hundred day simple moving average is $3.31. The stock has a market capitalization of $4.23 million, a PE ratio of -0.49 and a beta of 2.35.
The OLB Group (NASDAQ:OLB – Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($1.49) earnings per share (EPS) for the quarter. The company had revenue of $3.52 million during the quarter. The OLB Group had a negative return on equity of 161.91% and a negative net margin of 110.49%.
The OLB Group Company Profile
The OLB Group, Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. The Company’s eCommerce platform delivers e-commerce services for a digital commerce solution to over 10,500 merchants in all 50 states. The Company’s wholly owned subsidiary, DMINT, Inc, is engaged in the mining of Bitcoin utilizing low carbon natural gas with over 1,000 application-specific integrated circuit (ASIC)-based S19j Pro 96T mining computers.
Recommended Stories
- Five stocks we like better than The OLB Group
- What is the FTSE 100 index?
- NVIDIA’s AI Dominance: Why Analysts Predict Major Upside Ahead
- 3 Fintech Stocks With Good 2021 Prospects
- These Stocks Are Using Buybacks to Unlock Big Gains for Investors
- How to Calculate Return on Investment (ROI)
- This Is the Entry Into PepsiCo You’ve Been Waiting For
Receive News & Ratings for The OLB Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The OLB Group and related companies with MarketBeat.com's FREE daily email newsletter.
