Oblong (NYSE:OBLG) Stock Price Down 2% – What’s Next?

Oblong, Inc. (NYSE:OBLGGet Free Report)’s share price traded down 2% during mid-day trading on Friday . The stock traded as low as $3.34 and last traded at $3.44. 9,594 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 279,585 shares. The stock had previously closed at $3.51.

Oblong Price Performance

The firm’s 50-day moving average price is $3.75 and its two-hundred day moving average price is $1.94.

Oblong Company Profile

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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 that 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.

Further Reading

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