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Omega Therapeutics Inc (NASDAQ: OMGA) closed the day trading at $2.07 down -7.59% from the previous closing price of $2.24. In other words, the price has decreased by -$7.59 from its previous closing price. On the day, 3.16 million shares were traded. OMGA stock price reached its highest trading level at $2.3 during the session, while it also had its lowest trading level at $2.07.
Ratios:
For a better understanding of OMGA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 2.87. In the meantime, Its Debt-to-Equity ratio is 3.09 whereas as Long-Term Debt/Eq ratio is at 2.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on June 18, 2024, initiated with a Outperform rating and assigned the stock a target price of $12.
On December 08, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $11.H.C. Wainwright initiated its Buy rating on December 08, 2022, with a $11 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OMGA now has a Market Capitalization of 114170848 and an Enterprise Value of 181752816. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.11 while its Price-to-Book (P/B) ratio in mrq is 2.76. Its current Enterprise Value per Revenue stands at 36.807 whereas that against EBITDA is -1.949.
Stock Price History:
Over the past 52 weeks, OMGA has reached a high of $6.30, while it has fallen to a 52-week low of $1.30. The 50-Day Moving Average of the stock is -7.31%, while the 200-Day Moving Average is calculated to be -24.48%.
Shares Statistics:
Over the past 3-months, OMGA traded about 432.27K shares per day on average, while over the past 10 days, OMGA traded about 881820 shares per day. A total of 55.14M shares are outstanding, with a floating share count of 20.48M. Insiders hold about 62.86% of the company’s shares, while institutions hold 31.54% stake in the company. Shares short for OMGA as of 1718323200 were 5239080 with a Short Ratio of 12.12, compared to 1715731200 on 4956567. Therefore, it implies a Short% of Shares Outstanding of 5239080 and a Short% of Float of 27.339999999999996.
