TG-17 Inc. (NASDAQ:OBAI – Free Report) shares are scheduled to reverse split before the market opens on Monday, October 19th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, October 18th.
TG-17 Trading Down 15.4%
Shares of OBAI stock traded down $0.03 during trading hours on Thursday, hitting $0.14. 1,229,396 shares of the company’s stock were exchanged, compared to its average volume of 1,223,814. TG-17 has a 12-month low of $0.13 and a 12-month high of $38.50. The business’s 50 day simple moving average is $0.30 and its 200-day simple moving average is $0.55.
TG-17 (NASDAQ:OBAI – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.20) earnings per share for the quarter. The firm had revenue of $2.12 million for the quarter.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Maxim Group began coverage on shares of TG-17 in a research report on Friday, June 26th. They set a “buy” rating and a $2.00 price target for the company. Weiss Ratings upgraded TG-17 from a “sell (e-)” rating to a “sell (e)” rating in a research report on Friday, August 7th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $2.00.
Check Out Our Latest Stock Analysis on OBAI
TG-17 Company Profile
TG-17, Inc, dba Bond (“Bond”) was formed under the laws of the State of Delaware on April 11, 2017. We provide preventative personal security powered by AI. Once activated, the cloud-based Bond Preventative Personal Security Platform provides users with remote protective services via phone app (using its Bond Preventative Personal Security Platform) and with 24/7 support from our Personal Security Agents, who are in Bond Command Centers and can respond rapidly. We offer 14 distinct services through our phone app (the “Bond App”) and fully automated Bond Command Centers located around the world, that allow Bond members to choose when and how Bond will keep them secure while preserving their privacy.
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