The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Omega Therapeutics Inc (NASDAQ: OMGA) was $1.86 for the day, up 0.54% from the previous closing price of $1.85. In other words, the price has increased by $0.54 from its previous closing price. On the day, 1.29 million shares were traded. OMGA stock price reached its highest trading level at $1.95 during the session, while it also had its lowest trading level at $1.855.
Ratios:
Our analysis of OMGA’s different ratios will help us gain a deeper understanding of the company. 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 104242960 and an Enterprise Value of 169618720. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.77 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 34.35 whereas that against EBITDA is -1.819.
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 -9.11%, while the 200-Day Moving Average is calculated to be -30.33%.
Shares Statistics:
OMGA traded an average of 482.53K shares per day over the past three months and 288700 shares per day over the past ten days. A total of 55.14M shares are outstanding, with a floating share count of 20.45M. Insiders hold about 62.93% of the company’s shares, while institutions hold 31.29% stake in the company. Shares short for OMGA as of 1721001600 were 5342902 with a Short Ratio of 11.07, compared to 1718323200 on 5239080. Therefore, it implies a Short% of Shares Outstanding of 5342902 and a Short% of Float of 27.879998.
