OmniAb Inc (OABI) concluded trading on Wednesday at a closing price of $1.70, with 6.23 million shares of worth about $10.59 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -54.67% during that period and on April 30, 2025 the price saw a loss of about -8.11%. Currently the company’s common shares owned by public are about 121.60M shares, out of which, 97.79M shares are available for trading.
Stock saw a price change of -8.11% in past 5 days and over the past one month there was a price change of -29.17%. Year-to-date (YTD), OABI shares are showing a performance of -51.98% which decreased to -62.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.70 but also hit the highest price of $4.96 during that period. The average intraday trading volume for OmniAb Inc shares is 763.84K. The stock is currently trading -11.04% below its 20-day simple moving average (SMA20), while that difference is down -35.08% for SMA50 and it goes to -53.49% lower than SMA200.
OmniAb Inc (NASDAQ: OABI) currently have 121.60M outstanding shares and institutions hold larger chunk of about 53.22% of that.
The stock has a current market capitalization of $207.63M and its 3Y-monthly beta is at 0.12. It has posted earnings per share of -$0.61 in the same period. It has Quick Ratio of 4.52 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OABI, volatility over the week remained 5.65% while standing at 6.86% over the month.
Stock’s fiscal year EPS is expected to rise by 2.05% while it is estimated to increase by 18.27% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on November 29, 2023 offering an Outperform rating for the stock and assigned a target price of $6 to it. Coverage by The Benchmark Company stated OmniAb Inc (OABI) stock as a Buy in their note to investors on April 21, 2023, suggesting a price target of $8 for the stock. On April 13, 2023, Craig Hallum Initiated their recommendations, while on February 22, 2023, Cowen Initiated their ratings for the stock with a price target of $10. Stock get a Buy rating from H.C. Wainwright on February 13, 2023.
