Shares of The OLB Group, Inc. (NASDAQ:OLB – Get Free Report) dropped 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 Stock Down 5.6 %
The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.08 and a current ratio of 0.08. The firm has a market capitalization of $3.62 million, a P/E ratio of -0.30 and a beta of 2.33. The stock has a 50 day moving average of $2.02 and a 200-day moving average of $2.41.
The OLB Group Company Profile
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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