Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of OmniAb Inc (NASDAQ: OABI) was $1.71 for the day, up 5.56% from the previous closing price of $1.62. In other words, the price has increased by $5.56 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
Our analysis of OABI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.70 and its Current Ratio is at 4.70. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 15 ’25 when Cochran Jennifer R. bought 30,000 shares for $1.52 per share. The transaction valued at 45,600 led to the insider holds 145,274 shares of the business.
Love Steven bought 25,000 shares of OABI for $36,500 on May 14 ’25. The Director now owns 38,333 shares after completing the transaction at $1.46 per share. On May 12 ’25, another insider, HIGGINS JOHN L, who serves as the Director of the company, bought 65,000 shares for $1.44 each. As a result, the insider paid 93,600 and bolstered with 2,831,887 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.82 while its Price-to-Book (P/B) ratio in mrq is 0.76.
Stock Price History:
Over the past 52 weeks, OABI has reached a high of $4.96, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is 3.17%, while the 200-Day Moving Average is calculated to be -46.76%.
Shares Statistics:
A total of 122.13M shares are outstanding, with a floating share count of 97.63M. Insiders hold about 19.33% of the company’s shares, while institutions hold 55.38% stake in the company.
