Omega Therapeutics Stock Today

OMGA Stock  USD 0.80  0.06  6.98%   

Performance

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Odds Of Distress

Over 85

 
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Omega Therapeutics is trading at 0.8 as of the 28th of November 2024, a 6.98 percent decrease since the beginning of the trading day. The stock's open price was 0.86. Omega Therapeutics has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Omega Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
30th of July 2021
Category
Healthcare
Classification
Health Care
Omega Therapeutics, Inc. operates as a clinical-stage biotechnology company. The company was incorporated in 2016 and is headquartered in Cambridge, Massachusetts. Omega Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 55.37 M outstanding shares of which 6.36 M shares are now shorted by private and institutional investors with about 16.34 trading days to cover. More on Omega Therapeutics

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Omega Stock Highlights

CEO PresidentMahesh Karande
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0080.0151
Way Down
Slightly volatile
Total Current Liabilities15.5 M26.8 M
Way Down
Slightly volatile
Non Current Liabilities Total62.3 M119.5 M
Way Down
Slightly volatile
Total Assets135.9 M204.4 M
Way Down
Slightly volatile
Total Current Assets103.5 M89.9 M
Fairly Up
Slightly volatile
Debt Levels
Omega Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Omega Therapeutics' financial leverage. It provides some insight into what part of Omega Therapeutics' total assets is financed by creditors.
Liquidity
Omega Therapeutics currently holds 128.43 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. Omega Therapeutics has a current ratio of 13.19, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Omega Therapeutics' use of debt, we should always consider it together with its cash and equity.

Investments

66.18 Million
Omega Therapeutics (OMGA) is traded on NASDAQ Exchange in USA. It is located in 20 Acorn Park Drive, Cambridge, MA, United States, 02140 and employs 93 people. Omega Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 44.09 M. Omega Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 55.37 M outstanding shares of which 6.36 M shares are now shorted by private and institutional investors with about 16.34 trading days to cover. Omega Therapeutics currently holds about 173.66 M in cash with (91.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.63, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Omega Therapeutics Probability Of Bankruptcy
Ownership Allocation
Omega Therapeutics owns a total of 55.37 Million outstanding shares. The majority of Omega Therapeutics outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Omega Therapeutics to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Omega Therapeutics. Please pay attention to any change in the institutional holdings of Omega Therapeutics as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Omega Ownership Details

Omega Stock Institutional Holders

InstituionRecorded OnShares
72 Investment Holdings, Llc2024-09-30
352.9 K
Junked Platinum Investment Management Ltd2024-09-30
346.4 K
State Treasurer State Of Michigan2024-09-30
314.1 K
Geode Capital Management, Llc2024-09-30
230.8 K
Squarepoint Ops Llc2024-06-30
222.4 K
Jane Street Group Llc2024-06-30
213.5 K
Goldman Sachs Group Inc2024-06-30
190.1 K
Morgan Stanley - Brokerage Accounts2024-06-30
188 K
Bridgeway Capital Management, Llc2024-09-30
119 K
Flagship Ventures Management, Inc.2024-06-30
29.2 M
Fmr Inc2024-09-30
6.1 M
View Omega Therapeutics Diagnostics

Omega Therapeutics Historical Income Statement

At present, Omega Therapeutics' Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Depreciation And Amortization is expected to grow to about 7.1 M, whereas Interest Expense is forecasted to decline to about 189.8 K. View More Fundamentals

Omega Stock Against Markets

Omega Therapeutics Corporate Management

JD EsqChief SecretaryProfile
Kevin McManusChief OfficerProfile
Kaan CertelChief OfficerProfile
Barbara ChanPrincipal OfficeProfile
Noubar AfeyanCoFounder ChairmanProfile
Jennifer NelsonSenior ResearchProfile
When determining whether Omega Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omega Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Omega Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omega Therapeutics Stock:
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Omega Therapeutics. If investors know Omega will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Omega Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.32)
Revenue Per Share
0.114
Quarterly Revenue Growth
1.812
Return On Assets
(0.25)
Return On Equity
(1.29)
The market value of Omega Therapeutics is measured differently than its book value, which is the value of Omega that is recorded on the company's balance sheet. Investors also form their own opinion of Omega Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Omega Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Omega Therapeutics' market value can be influenced by many factors that don't directly affect Omega Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Omega Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Omega Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omega Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.