OmniAb Inc (NASDAQ:OABI) shares, rose in value on Wednesday, June 18, with the stock price down by -2.94% to the previous day’s close as strong demand from buyers drove the stock to $1.65.
Actively observing the price movement in the last trading, the stock closed the session at $1.70, falling within a range of $1.64 and $1.71. The value of beta (5-year monthly) was 0.649. Referring to stock’s 52-week performance, its high was $4.96, and the low was $1.22. On the whole, OABI has fluctuated by 6.45% over the past month.
With the market capitalization of OmniAb Inc currently standing at about $201.85 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OABI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of OABI currently trading nearly 11.22% and 1.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.38, while the 7-day volatility ratio is showing 3.32% which for the 30-day chart, stands at 4.51%. Furthermore, OmniAb Inc (OABI)’s beta value is 0.02, and its average true range (ATR) is 0.10.
A comparison of OmniAb Inc (OABI) with its peers suggests the former has fared considerably weaker in the market. OABI showed an intraday change of -2.94% in last session, and over the past year, it shrunk by -60.90%%.
Data on historical trading for OmniAb Inc (NASDAQ:OABI) indicates that the trading volumes over the past 10 days have averaged 1.22 and over the past 3 months, they’ve averaged 1.11 million. According to company’s latest data on outstanding shares, there are 122.13 million shares outstanding.
Nearly 19.33% of OmniAb Inc’s shares belong to company insiders and institutional investors own 55.38% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.9 million shares as on 2025-05-30, resulting in a short ratio of 7.31. According to the data, the short interest in OmniAb Inc (OABI) stood at 796.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 8.61 million. The stock has fallen by -53.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OABI stock heading into the next quarter.
