FTRE
Price
$19.57
Change
-$0.00 (-0.00%)
Updated
Oct 16 closing price
25 days until earnings call
OABI
Price
$4.06
Change
-$0.00 (-0.00%)
Updated
Oct 16 closing price
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FTRE vs OABI

Header iconFTRE vs OABI Comparison
Open Charts FTRE vs OABIBanner chart's image
Fortrea Holdings
Price$19.57
Change-$0.00 (-0.00%)
Volume$763.15K
CapitalizationN/A
OmniAb
Price$4.06
Change-$0.00 (-0.00%)
Volume$295.12K
CapitalizationN/A
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FTRE vs OABI Comparison Chart
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FTRE
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
OABI
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
FTRE vs. OABI commentary
Oct 18, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is FTRE is a StrongBuy and OABI is a Sell.

COMPARISON
Comparison
Oct 18, 2024
Stock price -- (FTRE: $19.40 vs. OABI: $4.07)
Brand notoriety: FTRE and OABI are both not notable
Both companies represent the Biotechnology industry
Current volume relative to the 65-day Moving Average: FTRE: 38% vs. OABI: 121%
Market capitalization -- FTRE: $1.79B vs. OABI: $499.24M
FTRE [@Biotechnology] is valued at $1.79B. OABI’s [@Biotechnology] market capitalization is $499.24M. The market cap for tickers in the [@Biotechnology] industry ranges from $531.34B to $0. The average market capitalization across the [@Biotechnology] industry is $2.89B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

FTRE’s FA Score shows that 1 FA rating(s) are green whileOABI’s FA Score has 1 green FA rating(s).

  • FTRE’s FA Score: 1 green, 4 red.
  • OABI’s FA Score: 1 green, 4 red.
According to our system of comparison, both FTRE and OABI are a bad buy in the long-term.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

FTRE’s TA Score shows that 4 TA indicator(s) are bullish while OABI’s TA Score has 4 bullish TA indicator(s).

  • FTRE’s TA Score: 4 bullish, 4 bearish.
  • OABI’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, both FTRE and OABI are a good buy in the short-term.

Price Growth

FTRE (@Biotechnology) experienced а +4.08% price change this week, while OABI (@Biotechnology) price change was +3.83% for the same time period.

The average weekly price growth across all stocks in the @Biotechnology industry was +0.91%. For the same industry, the average monthly price growth was +2.47%, and the average quarterly price growth was -6.27%.

Reported Earning Dates

FTRE is expected to report earnings on Nov 11, 2024.

OABI is expected to report earnings on May 11, 2023.

Industries' Descriptions

@Biotechnology (+0.91% weekly)

Biotechnology involves genetic or protein engineering to produce medicines/therapies for treating and preventing ailments. The industry also provides crucial ingredients for diagnostics. This multi-billion-dollar industry is heavily focused on research and development, as companies attempt to continually come up with cutting-edge solutions for health. New discoveries for the treatment of diseases provide opportunities for growth for a company in this industry. Discoveries, however, must pass the regulatory approval from the U.S. Food and Drug Administration (FDA) before they can make it to markets. Amgen Inc., Gilead Sciences, Inc. and Celgene Corporation are examples of companies in this industry.

SUMMARIES
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FUNDAMENTALS
Fundamentals
FTRE($1.79B) has a higher market cap than OABI($499M). OABI YTD gains are higher at: -34.198 vs. FTRE (-43.926). FTRE has higher annual earnings (EBITDA): 34.8M vs. OABI (-59.55M). FTRE has more cash in the bank: 126M vs. OABI (57.2M). OABI has less debt than FTRE: OABI (24.3M) vs FTRE (1.2B). FTRE has higher revenues than OABI: FTRE (3.02B) vs OABI (21.7M).
FTREOABIFTRE / OABI
Capitalization1.79B499M359%
EBITDA34.8M-59.55M-58%
Gain YTD-43.926-34.198128%
P/E RatioN/AN/A-
Revenue3.02B21.7M13,894%
Total Cash126M57.2M220%
Total Debt1.2B24.3M4,951%
TECHNICAL ANALYSIS
Technical Analysis
FTREOABI
RSI
ODDS (%)
Bullish Trend 2 days ago
88%
Bullish Trend 2 days ago
85%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
69%
Bullish Trend 2 days ago
54%
Momentum
ODDS (%)
Bullish Trend 2 days ago
73%
Bearish Trend 2 days ago
53%
MACD
ODDS (%)
Bullish Trend 2 days ago
83%
Bearish Trend 2 days ago
44%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
69%
Bullish Trend 2 days ago
43%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
70%
Bearish Trend 2 days ago
73%
Advances
ODDS (%)
Bullish Trend 2 days ago
71%
Bullish Trend 9 days ago
65%
Declines
ODDS (%)
Bearish Trend 11 days ago
75%
Bearish Trend 3 days ago
83%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
63%
N/A
Aroon
ODDS (%)
N/A
Bearish Trend 2 days ago
88%
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FTRE
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
OABI
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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FTRE and

Correlation & Price change

A.I.dvisor indicates that over the last year, FTRE has been loosely correlated with TECH. These tickers have moved in lockstep 37% of the time. This A.I.-generated data suggests there is some statistical probability that if FTRE jumps, then TECH could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FTRE
1D Price
Change %
FTRE100%
+3.16%
TECH - FTRE
37%
Loosely correlated
-2.43%
OABI - FTRE
36%
Loosely correlated
+2.78%
QSI - FTRE
34%
Loosely correlated
-3.04%
SNDX - FTRE
34%
Loosely correlated
+0.71%
RVNC - FTRE
34%
Loosely correlated
+1.54%
More

OABI and

Correlation & Price change

A.I.dvisor indicates that over the last year, OABI has been loosely correlated with NTLA. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if OABI jumps, then NTLA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To OABI
1D Price
Change %
OABI100%
+2.78%
NTLA - OABI
48%
Loosely correlated
+5.43%
ABCL - OABI
46%
Loosely correlated
+2.34%
DNLI - OABI
46%
Loosely correlated
+3.02%
INZY - OABI
44%
Loosely correlated
-1.12%
TECH - OABI
44%
Loosely correlated
-2.43%
More