After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed Omega Therapeutics to Present at the 42nd Annual J.P. Morgan Healthcare Conference.
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Stocks Info
OMGA belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. At the end of the last regular session, the stock closed at $4.30 and fluctuated between $4.4599 as its day high and $4.0701 as its day low. The current market capitalization of Omega Therapeutics Inc is $237.10M. A total of 0.63 million shares were traded on the day, compared to an average of 2.18M shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, OMGA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 4 SELLs from insiders. Insiders purchased 0 shares during that period but sold 25,000.
In the most recent transaction, Young Richard A sold 5,000 shares of OMGA for 8.00 per share on Jun 02. After the transaction, the Director now owns 739,118 company shares. In a previous transaction on May 01, Young Richard A sold 5,000 shares at 8.00 per share. OMGA shares that Director owns now total 744,118.
Among the insiders who sold shares, Young Richard A disposed of 5,000 shares on Apr 06 at a per-share price of $8.00. This resulted in the Director holding 749,118 shares of OMGA after the transaction. In another insider transaction, Young Richard A sold 10,000 shares at $8.00 per share on Mar 17. Company shares held by the Director now total 754,118.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, OMGA has a high of $10.09 and a low of $1.30.
As of this writing, OMGA has an earnings estimate of -$0.45 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.34 per share and a lower estimate of -$0.51. The company reported an EPS of -$0.54 in the last quarter, which was -5.90% lower than expectations of -$0.51.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. OMGA’s latest balance sheet shows that the firm has $225.33M in Cash & Short Term Investments as of fiscal 2021. There were $19.87M in debt and $11.98M in liabilities at the time. Its Book Value Per Share was $1.38, while its Total Shareholder’s Equity was $200.63M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OMGA is Buy with a score of 5.00.
