For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
OmniAb Inc (NASDAQ: OABI) closed the day trading at $1.68 down -4.00% from the previous closing price of $1.75. In other words, the price has decreased by -$4.00 from its previous closing price. On the day, 0.81 million shares were traded.
Ratios:
For a better understanding of OABI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.52 and its Current Ratio is at 4.52. 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 Apr 07 ’25 when FOEHR MATTHEW W sold 19,382 shares for $2.00 per share. The transaction valued at 38,764 led to the insider holds 3,796,236 shares of the business.
Berkman Charles S sold 7,206 shares of OABI for $14,412 on Apr 07 ’25. The Chief Legal Officer now owns 363,212 shares after completing the transaction at $2.00 per share. On Apr 07 ’25, another insider, GUSTAFSON KURT A, who serves as the Executive VP, Finance and CFO of the company, sold 7,206 shares for $2.00 each. As a result, the insider received 14,412 and left with 223,828 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.79 while its Price-to-Book (P/B) ratio in mrq is 0.71.
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 $1.64. The 50-Day Moving Average of the stock is -32.76%, while the 200-Day Moving Average is calculated to be -53.46%.
Shares Statistics:
A total of 121.60M shares are outstanding, with a floating share count of 97.79M. Insiders hold about 19.19% of the company’s shares, while institutions hold 52.30% stake in the company.
