The OLB Group, Inc. (NASDAQ:OLB – Free Report) shares are set to reverse split on Monday, May 6th. The 1-10 reverse split was announced on Monday, May 6th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, May 6th.
The OLB Group Stock Performance
NASDAQ OLB opened at $0.47 on Friday. The company’s fifty day moving average is $0.57 and its two-hundred day moving average is $0.70. The OLB Group has a 52-week low of $0.28 and a 52-week high of $1.17. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.25 and a quick ratio of 0.25. The firm has a market capitalization of $8.50 million, a price-to-earnings ratio of -0.73 and a beta of 2.49.
The OLB Group (NASDAQ:OLB – Get Free Report) last released its quarterly earnings data on Monday, April 15th. The company reported ($0.31) earnings per share (EPS) for the quarter. The firm had revenue of $5.91 million for the quarter. The OLB Group had a negative net margin of 75.81% and a negative return on equity of 87.04%.
Hedge Funds Weigh In On The OLB Group
About The OLB Group
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.
Further Reading
- Five stocks we like better than The OLB Group
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- The 3 Best Retail Stocks to Shop for in August
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- DraftKings Q1: Strong Customer Acquisition and Product Innovation
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.