Omega Therapeutics Inc (NASDAQ: OMGA) is -71.69% lower on its value in year-to-date trading and has touched a low of $0.10 and a high of $4.46 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 OMGA stock was last observed hovering at around $0.23 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.21, the stock is -35.72% and -66.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.94 million and changing -8.14% at the moment leaves the stock -84.37% off its SMA200. OMGA registered -94.72% loss for a year compared to 6-month loss of -86.20%.
The stock witnessed a -62.72% gain in the last 1 month and extending the period to 3 months gives it a -80.27%, and is 95.46% 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 61.79% over the week and 39.05% over the month.
Omega Therapeutics Inc (OMGA) has around 94 employees, a market worth around $11.69M and $8.10M in sales. Profit margin for the company is -902.93%. Distance from 52-week low is 121.51% and -95.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.06%).
with sales reaching $850k over the same period.The EPS is expected to shrink by -26.67% this year, but quarterly earnings will post 100.19% year-over-year. Quarterly sales are estimated to shrink -14.05% in year-over-year returns.
Omega Therapeutics Inc (OMGA) Top Institutional Holders
The shares outstanding are 55.16M, and float is at 19.33M with Short Float at 26.97%.
The top institutional shareholder in the company is FLAGSHIP PIONEERING INC. with over 29.23 million shares valued at $60.5 million. The investor’s holdings represent 52.9924% of the OMGA Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 6.24 million shares valued at $12.92 million to account for 11.3181 of the shares outstanding. The other top investors are HARBOURVEST PARTNERS LLC which holds 3.51 million shares representing 6.3682% and valued at over $7.27 million, while STATE OF WISCONSIN INVESTMENT BOARD holds 3.3676 of the shares totaling 1.86 million with a market value of $3.84 million.
Omega Therapeutics Inc (OMGA) Insider Activity
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