TG-17 Shares to Reverse Split on Monday, October 19th (NASDAQ:OBAI)

TG-17 Inc. (NASDAQ:OBAI)’s stock is set to reverse split on the morning of 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 Stock Performance

Shares of OBAI stock traded down $0.03 during mid-day trading on Thursday, hitting $0.14. The company’s stock had a trading volume of 1,229,396 shares, compared to its average volume of 1,223,814. The company’s fifty day simple moving average is $0.30 and its 200-day simple moving average is $0.55. TG-17 has a 52 week low of $0.13 and a 52 week high of $38.50.

TG-17 (NASDAQ:OBAI) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $2.12 million during the quarter.

Analyst Ratings Changes

Several brokerages have issued reports on OBAI. Weiss Ratings raised TG-17 from a “sell (e-)” rating to a “sell (e)” rating in a research note on Friday, August 7th. 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 objective for the company. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $2.00.

About TG-17

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.