The stock of OmniAb Inc (OABI) has seen a 8.68% increase in the past week, with a 20.50% gain in the past month, and a 0.00% decrease in the past quarter. The volatility ratio for the week is 5.55%, and the volatility levels for the past 30 days are at 4.54% for OABI. The simple moving average for the last 20 days is 11.93% for OABI’s stock, with a simple moving average of -4.53% for the last 200 days.
Is It Worth Investing in OmniAb Inc (NASDAQ: OABI) Right Now?
Additionally, the 36-month beta value for OABI is -0.08. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for OABI is 97.98M and currently, short sellers hold a 8.08% ratio of that float. The average trading volume of OABI on February 21, 2025 was 492.39K shares.
OABI) stock’s latest price update
The stock price of OmniAb Inc (NASDAQ: OABI) has jumped by 5.72 compared to previous close of 3.67. Despite this, the company has seen a gain of 8.68% in its stock price over the last five trading days. businesswire.com reported 2025-02-03 that EMERYVILLE, Calif.–(BUSINESS WIRE)–OmniAb, Inc. (NASDAQ: OABI) today announced that management will be participating in two investor conferences during the month of March. TD Cowen 45th Annual Health Care Conference, March 3-5 at the Boston Marriott Copley Place. Management will be presenting a corporate overview on Tuesday, March 4th at 2:30 p.m. Eastern time and will be holding one-on-one meetings with investors. 2025 Leerink Partners Global Healthcare Conference, March 9-12 at the W Hotel.
Analysts’ Opinion of OABI
Many brokerage firms have already submitted their reports for OABI stocks, with RBC Capital Mkts repeating the rating for OABI by listing it as a “Outperform.” The predicted price for OABI in the upcoming period, according to RBC Capital Mkts is $6 based on the research report published on November 29, 2023 of the previous year 2023.
The Benchmark Company, on the other hand, stated in their research note that they expect to see OABI reach a price target of $8. The rating they have provided for OABI stocks is “Buy” according to the report published on April 21st, 2023.
Craig Hallum gave a rating of “Buy” to OABI, setting the target price at $10 in the report published on April 13th of the previous year.
OABI Trading at 9.72% from the 50-Day Moving Average
After a stumble in the market that brought OABI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.75% of loss for the given period.
Volatility was left at 4.54%, however, over the last 30 days, the volatility rate increased by 5.55%, as shares surge +21.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.26% upper at present.
During the last 5 trading sessions, OABI rose by +8.68%, which changed the moving average for the period of 200-days by -15.65% in comparison to the 20-day moving average, which settled at $3.47. In addition, OmniAb Inc saw 9.60% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OABI starting from GUSTAFSON KURT A, who sale 7,255 shares at the price of $3.67 back on Feb 19 ’25. After this action, GUSTAFSON KURT A now owns 206,211 shares of OmniAb Inc, valued at $26,626 using the latest closing price.
FOEHR MATTHEW W, the President and CEO of OmniAb Inc, sale 19,522 shares at $3.67 during a trade that took place back on Feb 19 ’25, which means that FOEHR MATTHEW W is holding 3,779,160 shares at $71,646 based on the most recent closing price.
Stock Fundamentals for OABI
Current profitability levels for the company are sitting at:
- -3.91 for the present operating margin
- 0.22 for the gross margin
The net margin for OmniAb Inc stands at -3.09. The total capital return value is set at -0.25. Equity return is now at value -20.45, with -17.43 for asset returns.
Based on OmniAb Inc (OABI), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -4.41. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -60.26.
Currently, EBITDA for the company is -49.73 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 22.84. The receivables turnover for the company is 5.84for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.62.
Conclusion
In conclusion, OmniAb Inc (OABI) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
