Oblong (NYSE:OBLG) Shares Up 11.3%

Oblong, Inc. (NYSE:OBLGGet Free Report)’s stock price was up 11.3% during mid-day trading on Wednesday . The stock traded as high as $0.13 and last traded at $0.12. Approximately 36,868,640 shares changed hands during mid-day trading, an increase of 841% from the average daily volume of 3,917,416 shares. The stock had previously closed at $0.11.

Oblong Stock Performance

The stock has a fifty day simple moving average of $0.16 and a 200-day simple moving average of $0.16.

About Oblong

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Oblong, Inc, together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications.

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