How to Buy Omniab Stock
Omniab Inc
OmniAb, Inc. , a biotechnology company, provides therapeutic antibody discovery technologies in the United States.
Omniab stock last closed at $4.48, up 1.13% from the previous day, and has increased 28% in one year. It has overperformed other stocks in the Biotechnology industry by 0.5 percentage points. Omniab stock is currently +42.68% from its 52-week low of $3.14, and -33.28% from its 52-week high of $6.72.
As of Apr 26, 2024, there are 117.13M OABI shares outstanding. The market cap of OABI is $524.72M. In the past 24 hours, 598,741 OABI shares were traded.
How to Buy Omniab Stock
Not sure how to invest in Omniab stock? Here's how.
- Decide where to buy Omniab stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Omniab stock.
- Open your 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 Omniab stock: The Omniab ticker symbol is OABI. Is Omniab stock a good investment? Should you buy shares of OABI? How do OABI's underlying business fundamentals look? Do top analysts think Omniab is a good buy? Why has OABI's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if OABI is a good stock to buy).
- Execute your OABI buy order: Decide if you will purchase OABI shares at the current market price or use a limit order to purchase OABI stock at a specific price.
- Track your OABI investment: Create a watchlist to important updates regarding your position in Omniab shares.
Step 1: Decide where to buy Omniab stock
You will need a brokerage account in order to access the NASDAQ market and buy OABI shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal details so you can buy OABI today.
How to Create a New 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.
- Provide your personal info to open your new trading account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on our top ranked stock app, your next step is to transfer the money for your investment:
Check out the video below for more details depositing funds into your brokerage account.
Step 4: Research Omniab stock
After you have decided on the best place to buy Omniab stock, it's very important to evaluate their stock prior to investing, so you can wrap your head around the risk and opportunity.
Omniab stock at a glance
OABI Zen Score
WallStreetZen was created to help average investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on OABI's stock page.
Is OABI stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge OABI's true value.
Using relative valuations measures:
- OABI may be undervalued based on its P/B ratio of 1.67x, relative to Biotechnology industry P/B ratio of 5.85x
You can do additional valuation research on OABI's stock here.
OABI Financial Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the OABI balance sheet.
- OABI has a low debt to equity ratio of 0.19.
- There are more short-term assets than long-term liabilities on the OABI balance sheet.
Negative Health Checks:
- OABI earnings of -$64.36M is not sufficient to cover its interest payments.
- OABI's operating cash flow of $2.35M allows it to safely service it's debt of $25.56M.
- OABI profit margin has gone down from -37.8% to -148.2% in the past year.
Is OABI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Equities analysts who give ratings on OABI, the consensus analyst rating on OABI is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Omniab stock forecast page.
OABI Technical Indicators
Is OABI Growing Revenue?
Last year, OABI revenue was $34.16M. During the last 4 year, OABI's revenue has gone up by 16.86% per year. This was slower than the Biotechnology industry average of 28.56%.
Learn more about OABI's earnings and revenue performance here.
Latest Insiders Trades at OABI
In the past year, insiders at OABI have bought more shares than they have sold.
Charles S. Berkman, Chief Legal Officer of OABI, was the latest OABI insider to sell. They sold $36,647.58 worth of OABI stock on Apr 8, 2024.
Dig into more about who owns OABI stock here.
Can I rely on OABI as an income stream?
No, Omniab doesn't provide an income stream by paying out dividends.
OABI Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your OABI buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Track your OABI investment
Now that you own some OABI stock, you'll want to keep up with your new stock purchase.
Make a watchlist to get the latest updates about your OABI stock.
OABI Feed
How to Buy Stock in Omniab
To reiterate, here are the 6 steps for buying Omniab stock:
- Decide where to buy Omniab stock
- Open your brokerage account
- Fund your brokerage account
- Research Omniab stock
- Execute your OABI buy order
- Track your OABI investment
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Omniab, create a watchlist on WallStreetZen today.
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