How to Buy Omega Therapeutics Stock
Omega Therapeutics Inc
Omega Therapeutics, Inc. operates as a development-stage biopharmaceutical company. Its OMEGA Epigenomic Programming platform is designed to coopt nature's operating system by harnessing the power of epigenetics, the mechanism for gene control and cell differentiation.
Omega Therapeutics stock last closed at $1.82, down 2.67% from the previous day, and has decreased 72.84% in one year. It has underperformed other stocks in the Biotechnology industry by 0.45 percentage points. Omega Therapeutics stock is currently +40% from its 52-week low of $1.30, and -84.81% from its 52-week high of $11.98.
There are currently 55.14M shares of OMGA outstanding. The market cap of OMGA is $100.36M. In the last 24 hours, 147,200 OMGA shares were traded.
How to Buy Omega Therapeutics Stock
Wondering how to invest in Omega Therapeutics stock? Here's how.
- Choose where to buy Omega Therapeutics stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Omega Therapeutics stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your details.
- Research Omega Therapeutics stock: The Omega Therapeutics ticker symbol is OMGA. Is Omega Therapeutics stock a good investment? Should you buy shares of OMGA? How do OMGA's underlying business fundamentals look? Do top analysts think Omega Therapeutics is a good buy? Why has OMGA's stock price moved recently? (Hint: Our stock market research website can help you decide if OMGA is a good stock to buy).
- Place your OMGA buy order: Decide if you will purchase OMGA shares at the current market price or use a limit order to buy OMGA shares at a particular price.
- Get updates on your OMGA position: Create a watchlist to watch your investment in Omega Therapeutics stock.
Step 1: Choose where to buy Omega Therapeutics stock
You need an online brokerage account in order to access the NASDAQ market and buy OMGA shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you need to fill out some personal info so you can buy OMGA today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the stocks app, you can securely and quickly fund your account:
Check out the video below to see the process of transferring funds into your new brokerage account.
Step 4: Research Omega Therapeutics stock
After you have identified the best place to buy Omega Therapeutics stock, it's critical to research their stock before you buy, so you actually wrap your head around the risk as well as the upside.
Omega Therapeutics quick stats
Fundamentals of OMGA
WallStreetZen was created to help everyday investors do more accurate fundamental analysis.
You can view all of the due diligence checks on OMGA's stock page.
How is OMGA stock valued?
You can use many financial metrics, analyses, models, and charts to gauge OMGA's true value.
Using relative valuations measures:
- OMGA could be undervalued based on its P/B ratio of 1.32x, relative to Biotechnology industry P/B ratio of 5.31x
You can access additional valuation analysis on OMGA's stock here.
OMGA Financial Health Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the OMGA balance sheet.
Negative Health Checks:
- OMGA has cash burn of 100707000. It does not have enough cash and short-term investments to cover this.
- OMGA has $89.64M in cash and short term investments. This is not enough to cover its annual cash burn of $100.71M.
- There are more long-term liabilities than short-term assets on the OMGA balance sheet.
- OMGA profit margin has gone up by 24.5 percentage points in the past year, but the company is still unprofitable.
- OMGA has a relatively high debt to equity ratio of 1.86.
Do Wall Street analysts think it's a good time to buy OMGA stock
Out of 3 sell side analysts who give ratings on OMGA, the consensus analyst rating on Omega Therapeutics is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Omega Therapeutics stock forecast page.
OMGA Trading Indicators
OMGA Performance Numbers
Last year, OMGA revenue was $2.84M. In the last one years, OMGA's revenue has grown by 91.57% per year. This was faster than the Biotechnology industry average of 35.68%.
Find out more about OMGA's earnings and revenue performance here.
Are OMGA insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at OMGA have bought more shares than they have sold.
Richard A. Young, Director of OMGA, was the latest OMGA insider to sell. They sold $40,000.00 worth of OMGA stock on Jun 2, 2023.
Dig into more about who owns OMGA shares here.
Does OMGA stock generate passive income?
No, Omega Therapeutics doesn't provide an income stream by paying out dividends.
What do other traders have to say about OMGA?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your OMGA buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Click the Open button and your broker will place your order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your OMGA position
Now that you own some shares in OMGA, you'll want to keep up with your shares.
Make a watchlist to get the latest updates about your OMGA stock.
OMGA Feed
How to Buy Stock in Omega Therapeutics
To summarize, here are the 6 steps to buy stock in Omega Therapeutics:
- Choose where to buy Omega Therapeutics stock
- Create a brokerage account
- Fund your brokerage account
- Research Omega Therapeutics stock
- Place your OMGA buy order
- Get updates on your OMGA position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Omega Therapeutics, hit the button below to create your watchlist.
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