For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Omega Therapeutics Inc’s stock clocked out at $2.28, down -11.63% from its previous closing price of $2.58. In other words, the price has decreased by -$11.63 from its previous closing price. On the day, 0.58 million shares were traded. OMGA stock price reached its highest trading level at $2.53 during the session, while it also had its lowest trading level at $2.2294.
Ratios:
To gain a deeper understanding of OMGA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.35 and its Current Ratio is at 3.35. In the meantime, Its Debt-to-Equity ratio is 2.21 whereas as Long-Term Debt/Eq ratio is at 1.95.
On December 08, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $11.
On September 23, 2022, Chardan Capital Markets started tracking the stock assigning a Buy rating and target price of $12.Chardan Capital Markets initiated its Buy rating on September 23, 2022, with a $12 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 02 ’23 when Young Richard A sold 5,000 shares for $8.00 per share. The transaction valued at 40,000 led to the insider holds 739,118 shares of the business.
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 142299808 and an Enterprise Value of 197298864. For the stock, the TTM Price-to-Sale (P/S) ratio is 40.57 while its Price-to-Book (P/B) ratio in mrq is 2.17. Its current Enterprise Value per Revenue stands at 63.768 whereas that against EBITDA is -1.999.
Stock Price History:
Over the past 52 weeks, OMGA has reached a high of $10.09, while it has fallen to a 52-week low of $1.30. The 50-Day Moving Average of the stock is -29.38%, while the 200-Day Moving Average is calculated to be -26.52%.
Shares Statistics:
It appears that OMGA traded 399.33K shares on average per day over the past three months and 309620 shares per day over the past ten days. A total of 55.14M shares are outstanding, with a floating share count of 20.42M. Insiders hold about 62.98% of the company’s shares, while institutions hold 29.86% stake in the company. Shares short for OMGA as of 1713139200 were 4431906 with a Short Ratio of 11.10, compared to 1710460800 on 3879227. Therefore, it implies a Short% of Shares Outstanding of 4431906 and a Short% of Float of 23.13.
