On Tuesday, OmniAb Inc (NASDAQ: OABI) opened higher 2.78% from the last session, before settling in for the closing price of $1.80. Price fluctuations for OABI have ranged from $1.70 to $4.96 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 1.70% over the past five years. Company’s average yearly earnings per share was noted 2.05% at the time writing. With a float of $97.79 million, this company’s outstanding shares have now reached $121.60 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of OmniAb Inc is 19.19%, while institutional ownership is 53.22%. 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) Performance Highlights and Predictions
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
Check out the current performance indicators for OmniAb Inc (OABI). In the past quarter, the stock posted a quick ratio of 4.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.56.
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)
OmniAb Inc (NASDAQ: OABI) saw its 5-day average volume 0.9 million, a positive change from its year-to-date volume of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 38.86%. Additionally, its Average True Range was 0.13.
During the past 100 days, OmniAb Inc’s (OABI) raw stochastic average was set at 6.07%, which indicates a significant decrease from 41.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.81% in the past 14 days, which was lower than the 63.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.6577, while its 200-day Moving Average is $3.6686. Nevertheless, the first resistance level for the watch stands at $1.8867 in the near term. At $1.9233, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9767. If the price goes on to break the first support level at $1.7967, it is likely to go to the next support level at $1.7433. Assuming the price breaks the second support level, the third support level stands at $1.7067.
OmniAb Inc (NASDAQ: OABI) Key Stats
There are currently 122,135K shares outstanding in the company with a market cap of 225.95 million. Presently, the company’s annual sales total 26,390 K according to its annual income of -62,030 K. Last quarter, the company’s sales amounted to 10,800 K and its income totaled -13,070 K.