OABI
Price
$4.42
Change
-$0.31 (-6.55%)
Updated
Sep 20 closing price
TECH
Price
$78.30
Change
-$2.06 (-2.56%)
Updated
Sep 20 closing price
38 days until earnings call
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OABI vs TECH

Header iconOABI vs TECH Comparison
Open Charts OABI vs TECHBanner chart's image
OmniAb
Price$4.42
Change-$0.31 (-6.55%)
Volume$935.96K
CapitalizationN/A
Bio-Techne
Price$78.30
Change-$2.06 (-2.56%)
Volume$1.56M
CapitalizationN/A
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OABI vs TECH Comparison Chart
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OABI
Daily Signalchanged days ago
Gain/Loss if shorted
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TECH
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
OABI vs. TECH commentary
Sep 21, 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 OABI is a Sell and TECH is a Sell.

COMPARISON
Comparison
Sep 21, 2024
Stock price -- (OABI: $4.43 vs. TECH: $78.32)
Brand notoriety: OABI and TECH are both not notable
Both companies represent the Biotechnology industry
Current volume relative to the 65-day Moving Average: OABI: 119% vs. TECH: 104%
Market capitalization -- OABI: $523.46M vs. TECH: $12.75B
OABI [@Biotechnology] is valued at $523.46M. TECH’s [@Biotechnology] market capitalization is $12.75B. The market cap for tickers in the [@Biotechnology] industry ranges from $595.57B to $0. The average market capitalization across the [@Biotechnology] industry is $3.02B.

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).

OABI’s FA Score shows that 1 FA rating(s) are green whileTECH’s FA Score has 3 green FA rating(s).

  • OABI’s FA Score: 1 green, 4 red.
  • TECH’s FA Score: 3 green, 2 red.
According to our system of comparison, TECH is a better buy in the long-term than OABI.

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.

OABI’s TA Score shows that 6 TA indicator(s) are bullish while TECH’s TA Score has 4 bullish TA indicator(s).

  • OABI’s TA Score: 6 bullish, 4 bearish.
  • TECH’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, OABI is a better buy in the short-term than TECH.

Price Growth

OABI (@Biotechnology) experienced а -1.77% price change this week, while TECH (@Biotechnology) price change was +4.89% for the same time period.

The average weekly price growth across all stocks in the @Biotechnology industry was +0.72%. For the same industry, the average monthly price growth was +1.90%, and the average quarterly price growth was -0.55%.

Reported Earning Dates

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

TECH is expected to report earnings on Oct 29, 2024.

Industries' Descriptions

@Biotechnology (+0.72% 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
TECH($12.7B) has a higher market cap than OABI($523M). TECH YTD gains are higher at: 1.835 vs. OABI (-28.201). TECH has higher annual earnings (EBITDA): 313M vs. OABI (-59.55M). TECH has more cash in the bank: 153M vs. OABI (57.2M). OABI has less debt than TECH: OABI (24.3M) vs TECH (420M). TECH has higher revenues than OABI: TECH (1.16B) vs OABI (21.7M).
OABITECHOABI / TECH
Capitalization523M12.7B4%
EBITDA-59.55M313M-19%
Gain YTD-28.2011.835-1,537%
P/E RatioN/A74.59-
Revenue21.7M1.16B2%
Total Cash57.2M153M37%
Total Debt24.3M420M6%
FUNDAMENTALS RATINGS
TECH: Fundamental Ratings
TECH
OUTLOOK RATING
1..100
15
VALUATION
overvalued / fair valued / undervalued
1..100
3
Undervalued
PROFIT vs RISK RATING
1..100
62
SMR RATING
1..100
76
PRICE GROWTH RATING
1..100
23
P/E GROWTH RATING
1..100
14
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
OABITECH
RSI
ODDS (%)
Bearish Trend 1 day ago
34%
Bearish Trend 1 day ago
79%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
46%
Bearish Trend 1 day ago
60%
Momentum
ODDS (%)
Bullish Trend 1 day ago
53%
Bullish Trend 1 day ago
67%
MACD
ODDS (%)
Bullish Trend 1 day ago
41%
Bullish Trend 1 day ago
65%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
66%
Bullish Trend 1 day ago
69%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
41%
Bullish Trend 1 day ago
65%
Advances
ODDS (%)
Bullish Trend 3 days ago
65%
Bullish Trend 3 days ago
69%
Declines
ODDS (%)
Bearish Trend 18 days ago
84%
Bearish Trend 10 days ago
71%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
76%
Bearish Trend 1 day ago
67%
Aroon
ODDS (%)
Bearish Trend 1 day ago
88%
N/A
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OABI
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
TECH
Daily Signalchanged days ago
Gain/Loss if shorted
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OABI and

Correlation & Price change

A.I.dvisor indicates that over the last year, OABI has been loosely correlated with ABCL. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if OABI jumps, then ABCL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To OABI
1D Price
Change %
OABI100%
-6.34%
ABCL - OABI
46%
Loosely correlated
-5.47%
NTLA - OABI
45%
Loosely correlated
-4.58%
LGND - OABI
44%
Loosely correlated
-1.92%
INZY - OABI
43%
Loosely correlated
-0.87%
TECH - OABI
43%
Loosely correlated
-2.54%
More