OmniAb Inc (NASDAQ:OABI) price on Thursday, July 03, rose 3.76% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.93.
A look at the stock’s price movement, the close in the last trading session was $1.86, moving within a range at $1.81 and $1.93. The beta value (5-Year monthly) was 0.649. Turning to its 52-week performance, $4.96 and $1.22 were the 52-week high and 52-week low respectively. Overall, OABI moved 40.88% over the past month.
OmniAb Inc’s market cap currently stands at around $236.10 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-08.
Turning to the stock’s technical picture we see that short term indicators suggest on average that OABI is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 3 recommend OABI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
OABI’s current price about 15.71% and 21.32% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 69.01, while 7-day volatility ratio is 6.00% and 6.40% in the 30-day chart. Further, OmniAb Inc (OABI) has a beta value of 0.16. Analysts have given the company’s stock an average 52-week price target of $4, forecast between a low of $4 and high of $4. Looking at the price targets, the low is -107.25% off current price level while to achieve the yearly target high, price needs to move -107.25%. Nonetheless, investors will most likely welcome a -107.25% jump to $4 which is the analysts’ median price.
If we refocus on OmniAb Inc (NASDAQ:OABI), historical trading data shows that trading volumes averaged 0.61 over the past 10 days and 1.04 million over the past 3 months. The company’s latest data on shares outstanding shows there are 122.13 million shares.
The 24.76% of OmniAb Inc’s shares are in the hands of company insiders while institutional holders own 55.37% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.03 million on 2025-06-13, giving us a short ratio of 7.08. The data shows that as of 2025-06-13 short interest in OmniAb Inc (OABI) stood at 810.0 of shares outstanding, with shares short rising to 7.25 million registered in 2025-05-15. Current price change has pushed the stock -48.40% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OABI stock continues to rise going into the next quarter.
