The OLB Group (NASDAQ:OLB) announced its quarterly earnings results on Tuesday. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.08, MarketWatch Earnings reports.
Shares of OLB stock traded up $0.30 during midday trading on Thursday, reaching $5.80. 73,410 shares of the stock were exchanged, compared to its average volume of 567,840. The OLB Group has a 1 year low of $3.26 and a 1 year high of $16.40. The company’s 50 day moving average is $6.76 and its two-hundred day moving average is $5.22.
Separately, Aegis upped their target price on The OLB Group from $7.00 to $9.00 and gave the stock a “buy” rating in a report on Wednesday, January 6th.
The OLB Group, Inc operates as a FinTech and payment facilitator company in the United States. It offers OmniSoft, a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses; eVance, a payment processing solution; SecurePay, a payment gateway and virtual terminal with proprietary business management tools; and CrowdPay.us, a white label capital raising platform.
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