Shares of OLB opened at $1.66 on Friday. The firm has a market capitalization of $4.66 million, a PE ratio of -0.32 and a beta of 2.13. The company’s 50-day moving average is $1.70 and its 200-day moving average is $1.52. OLB Group has a fifty-two week low of $1.00 and a fifty-two week high of $3.34.

OLB Group (NASDAQ:OLB – Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.47) earnings per share for the quarter. The company had revenue of $2.32 million during the quarter. OLB Group had a negative net margin of 84.98% and a negative return on equity of 194.05%.

A hedge fund recently bought a new stake in OLB Group stock. Citadel Advisors LLC purchased a new position in shares of OLB Group, Inc. (NASDAQ:OLB – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 17,608 shares of the company’s stock, valued at approximately $36,000. Citadel Advisors LLC owned 0.82% of OLB Group as of its most recent filing with the Securities and Exchange Commission (SEC). 3.84% of the stock is owned by hedge funds and other institutional investors.

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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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