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Obalon Therapeutics, Inc. (OBLN)
3.05  -0.19 (-5.86%)  06-16 00:00
Open: 3.25
High: 4.8
Low: 2.948
Volume: 26,469,075
Market Cap: 5(M)
PE Ratio: -2.22
Exchange: NASDAQ Global Market
Industry: Medical - Devices
Sector: Healthcare
Technical analysis
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Resistance 2: 28.75
Resistance 1: 26.83
Pivot price: 25.32
Support 1: 23.73
Support 2: 19.74
52w High: 32.31003
52w Low: 1.980001
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Obalon Therapeutics, Inc. operates as a fully integrated medical device enterprise, concentrating its efforts on creating and commercializing innovative solutions for individuals battling obesity. The company's flagship offering is the Obalon Balloon System, specifically engineered to promote weight reduction in obese patients. This comprehensive system incorporates an ingestible capsule that houses an inflatable balloon connected to a microcatheter. It also includes the Obalon Navigation System console, a specialized hardware and software platform used to precisely monitor and display the balloon's location during its placement. Further components are the Obalon Touch Inflation Dispenser, a semi-automated, portable instrument for inflating the balloon once it's correctly positioned, and a single-use canister containing a gas mixture. By February 27, 2020, Obalon Therapeutics managed three company-owned treatment centers situated in California. The firm was established in 2008 and bases its operations in Carlsbad, California.

Financials
EPS -1.620
Book Value 16.190
PEG Ratio 7.05
Gross Profit 3.754
Profit Margin (%) -2.75
Operating Margin (%) -4.15
Return on Assets (ttm) 0.1
Return on Equity (ttm) -9.8
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