OmniAb Inc (NASDAQ: OABI) on Monday, soared 2.23% from the previous trading day, before settling in for the closing price of $1.79. Within the past 52 weeks, OABI’s price has moved between $1.70 and $4.96.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Healthcare Sector giant was 1.70%. The company achieved an average annual earnings per share of 2.05%. With a float of $97.79 million, this company’s outstanding shares have now reached $121.60 million.
Let’s determine the extent of company efficiency that accounts for 114 employees. In terms of profitability, gross margin is 16.26%, operating margin of -282.3%, and the pretax margin is -270.59%.
OmniAb Inc (OABI) Insider Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of OmniAb Inc is 19.19%, while institutional ownership is 53.26%. The most recent insider transaction that took place on Apr 07 ’25, was worth 38,764. In this transaction President and CEO of this company sold 19,382 shares at a rate of $2.00, taking the stock ownership to the 3,796,236 shares. Before that another transaction happened on Apr 07 ’25, when Company’s Chief Legal Officer sold 7,206 for $2.00, making the entire transaction worth $14,412. This insider now owns 363,212 shares in total.
OmniAb Inc (OABI) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.05% per share during the next fiscal year.
OmniAb Inc (NASDAQ: OABI) Trading Performance Indicators
OmniAb Inc (OABI) is currently performing well based on its current performance indicators. A quick ratio of 4.52 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.61, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.49 in one year’s time.
Technical Analysis of OmniAb Inc (OABI)
Looking closely at OmniAb Inc (NASDAQ: OABI), its last 5-days average volume was 1.4 million, which is a jump from its year-to-date volume of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 21.99%. Additionally, its Average True Range was 0.15.
During the past 100 days, OmniAb Inc’s (OABI) raw stochastic average was set at 5.18%, which indicates a significant decrease from 17.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.58% in the past 14 days, which was higher than the 66.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.8745, while its 200-day Moving Average is $3.7336. However, in the short run, OmniAb Inc’s stock first resistance to watch stands at $1.8767. Second resistance stands at $1.9233. The third major resistance level sits at $1.9867. If the price goes on to break the first support level at $1.7667, it is likely to go to the next support level at $1.7033. Should the price break the second support level, the third support level stands at $1.6567.
OmniAb Inc (NASDAQ: OABI) Key Stats
Market capitalization of the company is 223.51 million based on 122,135K outstanding shares. Right now, sales total 26,390 K and income totals -62,030 K. The company made 10,800 K in profit during its latest quarter, and -13,070 K in sales during its previous quarter.