OHGI stock: buy or sell?

OHGI stock price: $0.12 -69.23% At close on September 26th, 2019

Updated on:
September 26th, 2019

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After boosting an astounding 7.69% on September, One Horizon closed on September at $0.12 and collapsed a bloodcurdling -69.23%.

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, One Horizon stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is One Horizon stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't detect any rating for OHGI stock for the last month.

OHGI stock analysis

Daily outlook

After boosting an astounding 7.69% on September, One Horizon closed on September at $0.12 and collapsed a bloodcurdling -69.23%.

After boosting an astounding 7.69% on September, One Horizon closed on September at $0.12 and collapsed a bloodcurdling -69.23%. OHGI marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $0.45 would break this short term down trend and open possibilities for reversing this situation.

OHGI stock chart (daily)

Weekly outlook

One Horizon ended this week at $0.12 and plunged a frightening -69.23%. Early September OHGI rocketed an exceptional 12.50% in just one week.

Late September, One Horizon stock lost the significant level of the 10-weeks moving average.

OHGI stock chart (weekly)

OHGI stock price history

OHGI IPO was on February 4th, 2015 at $255.00 per share1. Since then, OHGI stock lost a -100.00%, with a yearly average of -25.00%.

1: Adjusted price after possible price splits or reverse-splits.

OHGI stock historical price chart

OHGI stock reached 52-week highs at $10.87, and all-time highs 2015-05-28 with a price of 876.

OHGI stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price forecast for One Horizon stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when One Horizon presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will update this report.
OHGI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q4-n/a-0.23n/a
2017-Q1-n/a-0.21n/a
2017-Q2-n/a-0.12n/a
2017-Q3-n/a-0.07n/a
2017-Q42018-04-10n/an/an/a
2018-Q12018-05-16n/a-0.07n/a
2018-Q22018-08-17n/a-0.09n/a
2018-Q32018-11-16n/a-0.05n/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a

Annual financial results

Compared to 2016, last anual revenues report draw a hair-raising correction of -55.79% to $0.71 million dollars. In the same way, its profit margin (compared to revenues) plunged to -1,041.18%, that is $-7.43 million.

To have an up to date picture of the financial situation of One Horizon, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q3 that can be compared to 2017 fiscal year results. Annual One Horizon TTM sales up to September 2018 were $1.09 and earnings were $-11.65 million USD. If we compare this TTM figures with the last reported annuality, we can esteem One Horizon business evolution since December 2017: Annual sales up to September, compared to lastest yearly report, rocketed a super good 51.96%. Regarding profit margin, One Horizon collapsed -32.83% to -1,041.18%

OHGI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
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$1.62 M5.42%$-5.54 M-343.0%-49.06%
2017$0.71 M-55.79%$-7.43 M-1041.2%34.21%
TTM $1.09 M51.96%$-11.65 M-1074.0%56.75%

Quarterly financial results

One Horizon reported $0.32 M in revenues for 2018-Q3, a 7.82% improvement compared to previous quarter. Reported quarter income marked $-2.29 million 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 frightening loss and plunged a -20.15%. Looking back to recent quarterly results, One Horizon posted 3 negative quarters in a row.
OHGI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q4$0.35 M-$-1.37 M-388.1%-
2017-Q1$0.37 M5.67%$-1.28 M-343.2%-6.57%
2017-Q2$0.18 M-51.47%$-1.77 M-977.9%38.28%
2017-Q3$0.40 M119.34%$-0.77 M-194.5%-56.38%
2017-Q4$0.20 M-49.62%$-3.61 M-1804.0%367.36%
2018-Q1$0.27 M37.00%$-2.57 M-939.4%-28.66%
2018-Q2$0.29 M7.30%$-3.18 M-1082.3%23.62%
2018-Q3$0.32 M7.82%$-2.29 M-722.1%-28.06%

One Horizon ownership

When you are planning to invest in shares of a company, it's always worth to overview its ownership structure.

One Horizon shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

The following table compares ownership indicators for other stocks related to One Horizon:

OHGI
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

OHGI summary

Thursday, September 26th, 2019
Open$0.10
Close$0.12
Day range$0.10 - $0.55
Previous close$0.39
Session gain-69.23%
Average true range$0.09
50d mov avg$0.41
100d mov avg$0.64
200d mov avg$1.42
Daily patternlb06a
Weekly pattern lb06a

One Horizon performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared One Horizon against in the following table:
Stock3m6m12m
OHGIOne Horizon-84.00%-89.38%-97.36%

One Horizon competitors

Unfortunately, we could not find any public company that could be defined as One Horizon competitor. This doesn't mean One Horizon does not have any competitor in the market, it's just we could not detected it.