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After finishing at $0.48 in the prior trading day, Omega Therapeutics Inc (NASDAQ: OMGA) closed at $0.51, up 6.80%. In other words, the price has increased by $6.80 from its previous closing price. On the day, 0.51 million shares were traded. OMGA stock price reached its highest trading level at $0.53 during the session, while it also had its lowest trading level at $0.48.
Ratios:
Our goal is to gain a better understanding of OMGA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 11.10 whereas as Long-Term Debt/Eq ratio is at 9.72.
On June 18, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $12.
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 28181396 and an Enterprise Value of 126787392. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.48 while its Price-to-Book (P/B) ratio in mrq is 2.43. Its current Enterprise Value per Revenue stands at 20.08 whereas that against EBITDA is -1.607.
Stock Price History:
The Beta on a monthly basis for OMGA is 1.59, which has changed by -0.8810748 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, OMGA has reached a high of $4.46, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -37.54%, while the 200-Day Moving Average is calculated to be -66.70%.
Shares Statistics:
The stock has traded on average 304.94K shares per day over the past 3-months and 370940 shares per day over the last 10 days, according to various share statistics. A total of 55.16M shares are outstanding, with a floating share count of 19.33M. Insiders hold about 65.08% of the company’s shares, while institutions hold 23.78% stake in the company. Shares short for OMGA as of 1730332800 were 6362493 with a Short Ratio of 16.87, compared to 1727654400 on 5610085. Therefore, it implies a Short% of Shares Outstanding of 6362493 and a Short% of Float of 33.200002.
