Shares of The OLB Group, Inc. (NASDAQ:OLB – Get Free Report) were down 2.8% on Thursday . The stock traded as low as $1.76 and last traded at $1.78. Approximately 4,724 shares changed hands during 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 Price Performance
The firm’s fifty day moving average price is $2.02 and its 200-day moving average price is $2.41. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.16. The stock has a market cap of $3.62 million, a P/E ratio of -0.30 and a beta of 2.33.
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.
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