OHGI stock: buy or sell?
September 20th, 2019
One Horizon Group, Inc. develops and licenses software for mobile voice over Internet protocol (VoIP) in China, Rest of Asia, Europe, Russia, and the Americas.
Should I buy OHGI stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, One Horizon stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is One Horizon stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for OHGI stock for the last 30 days.
OHGI stock analysis
After breaking up the simple moving average line of 50 days yesterday, One Horizon shares closed at $0.02stable a 0.00%}.
After boosting an outstanding 50.00% on Sep/19, One Horizon closed yesterday at $0.02 and remained constant a tight 0.00%. OHGI marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $0.03 would break this short term down trend and open possibilities for reversing this situation.
After boosting an amazing 50.00% in a week last week, One Horizon closed this week at $0.02 and remained steady a tight 0.00%. Early September OHGI plummed a chilling -100.00% in just one week.
Last week OHGI price bounced up over the SMA of 10 weeks that acted as support stopping new slides.
OHGI stock price history
OHGI IPO was on December 11th, 2008 at $171.43 per share1. Since then, OHGI stock lost a -100.00%, with a yearly average of -10.00%.
1: Adjusted price after possible price splits or reverse-splits.
OHGI stock historical price chart
OHGI stock reached 52-week highs on October at $0.43, and all-time highs 2008-12-12 with a price of 514.29.
OHGI stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price target for One Horizon stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on November, One Horizon . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2017, One Horizon annual turnover collapsed a spooky -55.79% to $0.71 M USD from $1.62 marked in 2016. Likewise, its earnings margin (compared to sales) collapsed to -1,041.18%, that is $-7.43 million. One Horizon fiscal year ends in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, One Horizon TTM sales up to September 2018 were $1.09 and income $-11.65 million dollars. If we compare this TTM figures with the last reported annuality, we can review One Horizon business evolution since December 2017: Annual sales up to September, compared to lastest yearly report, rocketed an exceptional 51.96%. On the other hand, profit margin (net income/revenues) plummed at -1,041.18%.
|2012||$12 M||-||$5.38 M45.9%||-|
|2013||$9.11 M||-22.20%||$-0.59 M-6.5%||-111.04%|
|2014||$5.12 M||-43.78%||$-1.86 M-36.4%||213.80%|
|2015||$1.53 M||-70.09%||$-10.87 M-709.8%||483.37%|
|2016||$1.62 M||5.42%||$-5.54 M-343.0%||-49.06%|
|2017||$0.71 M||-55.79%||$-7.43 M-1041.2%||34.21%|
|TTM||$1.09 M||51.96%||$-11.65 M-1074.0%||56.75%|
Quarterly financial resultsOne Horizon reported $0.32 million in revenues for 2018-Q3, a 7.82% up compared to previous quarter. Reported quarter income marked $-2.29 M with a profit margin of -722.08%. Profit margin boosted a 360.23% compared to previous quarter when profit margin was -1,082.31%. When comparing revenues to same quarter last year, One Horizon sales marked a dreadful decrease and plummed a -20.15%. Looking back to recent quarterly results, One Horizon posted 3 negative quarters in a row.
|2016-Q4||$0.35 M||-||$-1.37 M-388.1%||-|
|2017-Q1||$0.37 M||5.67%||$-1.28 M-343.2%||-6.57%|
|2017-Q2||$0.18 M||-51.47%||$-1.77 M-977.9%||38.28%|
|2017-Q3||$0.40 M||119.34%||$-0.77 M-194.5%||-56.38%|
|2017-Q4||$0.20 M||-49.62%||$-3.61 M-1804.0%||367.36%|
|2018-Q1||$0.27 M||37.00%||$-2.57 M-939.4%||-28.66%|
|2018-Q2||$0.29 M||7.30%||$-3.18 M-1082.3%||23.62%|
|2018-Q3||$0.32 M||7.82%||$-2.29 M-722.1%||-28.06%|
One Horizon ownershipWhen you are planning to buy shares of a company, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For One Horizon, 31.46% of all outstanding shares are owned by its staff.
In case of One Horizon stock, 8.73% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for OHGI stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$1.9 M||$106.4 M||$17.5 B||$187.8 M|
|Total shares||95.8 M||105.4 M||24.6 M||112.5 M|
|Float shares||70.8 M||103.6 M||24.2 M||106.8 M|
|- Institutional holdings (%)||8.7%||79.7%||98.5%||22.2%|
|- Insider holdings (%)||31.5%||1.6%||2.3%||7.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$0.01 - $0.02|
|Average true range||$0.01|
|50d mov avg||$0.02|
|100d mov avg||$0.03|
|200d mov avg||$0.06|
One Horizon performanceTo measure stock performance is always good to benchmark with competitors or related stocks. For One Horizon, the benchmark is made against Frontier Communications, Mettler-Toledo International and Pareteum.