OmniAb Inc (NASDAQ: OABI) is -9.60% lower on its value in year-to-date trading and has touched a low of $3.11 and a high of $6.55 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OABI stock was last observed hovering at around $3.20 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $3.20, the stock is -6.31% and -13.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 0.00% at the moment leaves the stock -23.40% off its SMA200. OABI registered -47.80% loss for a year compared to 6-month loss of -31.91%. The firm has a 50-day simple moving average (SMA 50) of $3.7112 and a 200-day simple moving average (SMA200) of $4.17765.
The stock witnessed a -8.57% gain in the last 1 month and extending the period to 3 months gives it a -20.79%, and is 0.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.88% over the week and 3.63% over the month.
OmniAb Inc (OABI) has around 106 employees, a market worth around $387.24M and $20.41M in sales. Profit margin for the company is -308.78%. Distance from 52-week low is 2.89% and -51.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.21%).
with sales reaching $10.13M over the same period.The EPS is expected to shrink by -7.60% this year, but quarterly earnings will post -24.64% year-over-year. Quarterly sales are estimated to grow 110.07% in year-over-year returns.
OmniAb Inc (OABI) Top Institutional Holders
237.0 institutions hold shares in OmniAb Inc (OABI), with institutional investors hold 73.12% of the company’s shares. The shares outstanding are 120.22M, and float is at 98.01M with Short Float at 7.82%. Institutions hold 68.73% of the Float.
OmniAb Inc (OABI) Insider Activity
The most recent transaction is an insider sale by Berkman Charles S, the company’s Chief Legal Officer. SEC filings show that Berkman Charles S sold 25,489 shares of the company’s common stock on Jan 21 ’25 at a price of $3.24 per share for a total of $82584.0. Following the sale, the insider now owns 0.34 million shares.
OmniAb Inc disclosed in a document filed with the SEC on Jan 21 ’25 that GUSTAFSON KURT A (Executive VP, Finance and CFO) sold a total of 15,526 shares of the company’s common stock. The trade occurred on Jan 21 ’25 and was made at $3.24 per share for $50304.0. Following the transaction, the insider now directly holds 0.21 million shares of the OABI stock.
Still, SEC filings show that on Jan 21 ’25, FOEHR MATTHEW W (President and CEO) disposed off 41,811 shares at an average price of $3.24 for $0.14 million. The insider now directly holds 3,749,639 shares of OmniAb Inc (OABI).
