A new trading day began on Friday, with Omega Therapeutics Inc (NASDAQ: OMGA) stock price down -7.13% from the previous day of trading, before settling in for the closing price of $0.12. OMGA’s price has ranged from $0.12 to $4.46 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 347.21% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -26.67%. With a float of $19.30 million, this company’s outstanding shares have now reached $55.16 million.
In an organization with 94 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -59.81%, operating margin of -916.0%, and the pretax margin is -902.93%.
Omega Therapeutics Inc (OMGA) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Omega Therapeutics Inc is 65.08%, while institutional ownership is 23.63%. The most recent insider transaction that took place on Feb 05 ’25, was worth 100,000.
Omega Therapeutics Inc (OMGA) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -26.67% per share during the next fiscal year.
Omega Therapeutics Inc (NASDAQ: OMGA) Trading Performance Indicators
Here are Omega Therapeutics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.33, a number that is poised to hit -0.28 in the next quarter and is forecasted to reach -2.42 in one year’s time.
Technical Analysis of Omega Therapeutics Inc (OMGA)
Let’s dig in a bit further. During the last 5-days, its volume was 8.64 million. That was better than the volume of 2.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 2.22%. Additionally, its Average True Range was 0.09.
During the past 100 days, Omega Therapeutics Inc’s (OMGA) raw stochastic average was set at 0.89%, which indicates a significant decrease from 2.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 468.99% in the past 14 days, which was higher than the 208.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7023, while its 200-day Moving Average is $1.4139. However, in the short run, Omega Therapeutics Inc’s stock first resistance to watch stands at $0.1500. Second resistance stands at $0.1840. The third major resistance level sits at $0.2081. If the price goes on to break the first support level at $0.0919, it is likely to go to the next support level at $0.0678. The third support level lies at $0.0338 if the price breaches the second support level.
Omega Therapeutics Inc (NASDAQ: OMGA) Key Stats
With a market capitalization of 6.42 million, the company has a total of 55,366K Shares Outstanding. Currently, annual sales are 3,090 K while annual income is -97,430 K. The company’s previous quarter sales were 2,610 K while its latest quarter income was -16,440 K.
