Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $3.21 in the prior trading day, OmniAb Inc (NASDAQ: OABI) closed at $3.22, up 0.31%. In other words, the price has increased by $0.31 from its previous closing price. On the day, 0.82 million shares were traded. OABI stock price reached its highest trading level at $3.27 during the session, while it also had its lowest trading level at $3.205.
Ratios:
Our goal is to gain a better understanding of OABI by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 21 ’25 when FOEHR MATTHEW W bought 41,811 shares for $3.24 per share.
Berkman Charles S bought 25,489 shares of OABI for $82,529 on Jan 21 ’25. On Jan 21 ’25, another insider, GUSTAFSON KURT A, who serves as the Officer of the company, bought 15,526 shares for $3.24 each.
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 389661856 and an Enterprise Value of 354118528. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.09 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 17.351 whereas that against EBITDA is -6.03.
Stock Price History:
Over the past 52 weeks, OABI has reached a high of $6.55, while it has fallen to a 52-week low of $3.16. The 50-Day Moving Average of the stock is -15.11%, while the 200-Day Moving Average is calculated to be -23.51%.
Shares Statistics:
The stock has traded on average 456.66K shares per day over the past 3-months and 354240 shares per day over the last 10 days, according to various share statistics. 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 54.35% stake in the company. Shares short for OABI as of 1735603200 were 7661636 with a Short Ratio of 16.78, compared to 1732838400 on 7693600. Therefore, it implies a Short% of Shares Outstanding of 7661636 and a Short% of Float of 6.9699995.