The OLB Group (NASDAQ:OLB) Stock Price Down 2.8% – Time to Sell?

The OLB Group, Inc. (NASDAQ:OLBGet Free Report)’s share price was down 2.8% during trading on Thursday . The company traded as low as $1.76 and last traded at $1.78. Approximately 4,724 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 30,673 shares. The stock had previously closed at $1.83.

The OLB Group Stock Down 2.8 %

The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.16. The business has a 50-day moving average price of $2.03 and a 200-day moving average price of $2.42. The stock has a market cap of $3.83 million, a PE ratio of -0.31 and a beta of 2.33.

The OLB Group Company Profile

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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.

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