The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
OmniAb Inc (NASDAQ: OABI) closed the day trading at $2.31 up 1.10% from the previous closing price of $2.28. In other words, the price has increased by $1.10 from its previous closing price. On the day, 0.52 million shares were traded. OABI stock price reached its highest trading level at $2.31 during the session, while it also had its lowest trading level at $2.25.
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 01 ’25 when GUSTAFSON KURT A sold 11,963 shares for $2.37 per share. The transaction valued at 28,352 led to the insider holds 217,492 shares of the business.
GUSTAFSON KURT A bought 11,963 shares of OABI for $28,351 on Apr 01 ’25. On Mar 21 ’25, another insider, HIGGINS JOHN L, who serves as the Director of the company, bought 4,000 shares for $2.28 each. As a result, the insider paid 9,120 and bolstered with 2,766,887 shares of the company.
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 281521184 and an Enterprise Value of 242197664. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.67 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 9.177 whereas that against EBITDA is -4.545.
Stock Price History:
The Beta on a monthly basis for OABI is 0.09, which has changed by -0.5691589 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, OABI has reached a high of $5.54, while it has fallen to a 52-week low of $2.23. The 50-Day Moving Average of the stock is -27.97%, while the 200-Day Moving Average is calculated to be -40.19%.
Shares Statistics:
Over the past 3-months, OABI traded about 631.41K shares per day on average, while over the past 10 days, OABI traded about 967640 shares per day. A total of 121.60M shares are outstanding, with a floating share count of 97.83M. Insiders hold about 19.16% of the company’s shares, while institutions hold 53.62% stake in the company. Shares short for OABI as of 1741910400 were 7477209 with a Short Ratio of 11.84, compared to 1739491200 on 8485234. Therefore, it implies a Short% of Shares Outstanding of 7477209 and a Short% of Float of 6.7299999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
