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The price of OmniAb Inc (NASDAQ: OABI) closed at $3.57 in the last session, up 1.13% from day before closing price of $3.53. In other words, the price has increased by $1.13 from its previous closing price. On the day, 0.84 million shares were traded. OABI stock price reached its highest trading level at $3.58 during the session, while it also had its lowest trading level at $3.46.
Ratios:
We take a closer look at OABI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.62 and its Current Ratio is at 4.62. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, RBC Capital Mkts on November 29, 2023, initiated with a Outperform rating and assigned the stock a target price of $6.
On April 21, 2023, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $8.
On April 13, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $10.Craig Hallum initiated its Buy rating on April 13, 2023, with a $10 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 09 ’24 when Berkman Charles S sold 8,022 shares for $4.13 per share. The transaction valued at 33,131 led to the insider holds 323,385 shares of the business.
FOEHR MATTHEW W sold 13,634 shares of OABI for $56,308 on Dec 09 ’24. The President and CEO now owns 3,714,447 shares after completing the transaction at $4.13 per share. On Dec 09 ’24, another insider, GUSTAFSON KURT A, who serves as the Executive VP, Finance and CFO of the company, sold 23,871 shares for $4.13 each. As a result, the insider received 98,587 and left with 200,661 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OABI now has a Market Capitalization of 432016416 and an Enterprise Value of 388002048. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.17 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 19.011 whereas that against EBITDA is -6.607.
Stock Price History:
Over the past 52 weeks, OABI has reached a high of $6.72, while it has fallen to a 52-week low of $3.43. The 50-Day Moving Average of the stock is -10.17%, while the 200-Day Moving Average is calculated to be -17.90%.
Shares Statistics:
According to the various share statistics, OABI traded on average about 412.64K shares per day over the past 3-months and 474300 shares per day over the past 10 days. A total of 120.22M shares are outstanding, with a floating share count of 97.86M. Insiders hold about 19.14% of the company’s shares, while institutions hold 54.31% stake in the company. Shares short for OABI as of 1732838400 were 7693600 with a Short Ratio of 17.26, compared to 1730332800 on 7975251. Therefore, it implies a Short% of Shares Outstanding of 7693600 and a Short% of Float of 7.000000000000001.
