OLB Stock Summary and Trading Ideas (Olb Group | NASDAQ:OLB)

The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It focuses on a suite of products in the merchant services marketplace and seeks to provide integrated business solutions to merchants throughout the United States. Along with its subsidiaries, the company offers a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses, whether online or at a brick-and-mortar location, payment processing solutions, payment gateway, virtual terminal with proprietary business management tools, and crowdfunding solutions. The Company has two business segments; Fintech Services which generates key revenue, and the Bitcoin Mining business segment.

Olb Group trades on the NASDAQ stock market under the symbol OLB.

As of January 17, 2025, OLB stock price climbed to $1.93 with 2,543 million shares trading.

OLB has a market cap of $4.15 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, OLB traded as high as $25.80 and as low as $1.36.

The top ETF exchange traded funds that OLB belongs to (by Net Assets): VXF.

OLB has underperformed the market in the last year with a price return of -75.9% while the SPY ETF gained +28.0%. OLB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.9% and -2.5%, respectively, while the SPY returned +3.0% and +1.0%, respectively.

OLB support price is $1.71 and resistance is $2.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OLB shares will trade within this expected range on the day.