Shares ofOMNOVA Solutions Inc. (NYSE:OMN) soared 55% to pace all premarket gainers Wednesday, after the specialty chemicals company announced overnight a deal to be acquired by U.K.-based Synthomer PLC in a deal that values Omnova at $455.2 million.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the OMN is 0.70%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that OMN. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public.
Institutional transactions is the amount of a OMNOVA Solutions Inc. (NYSE:OMN)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the OMN is 0.34%.
A Basic Materials sector firm, OMNOVA Solutions Inc. (NYSE:OMN) stock tanked -3.89% on Tuesday and when day-trade ended the stock finally concluded at $6.42 and number of shares that changed hands during the day are 277746. The number of shares OMN stock currently held by all its shareholders are 46.71 and floated shares, the number of shares are available for trading in an open market on last trading day are 43.47. The average volume of shares for 3 months is 166.24 and OMN stock value has moved between $5.49 – 10.7 in last one year.
The OMNOVA Solutions Inc. (NYSE:OMN)’s latest earnings date is 7/2/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for OMNOVA Solutions Inc. (NYSE:OMN) is 23.80% and the profit margin is 1.20% and the stock has gained -12.41% in 2019 to date.
OMNOVA Solutions Inc. (NYSE:OMN)’s monthly stock performance is 9.74%, the quarterly performance is -13.48%, the half year performance is calculated as -12.41%. The yearly performance of OMN is -38.27%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The OMNOVA Solutions Inc. (NYSE:OMN) weekly volatility is measured as 8.70% and monthly volatility measured as 4.88%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. OMN return on assets is 1.50%, the return on equity (ROE) of the OMNOVA Solutions Inc. (NYSE:OMN) is 16.90%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and OMN return on investment is 3.50%.
The price to earnings ratio is 59.44, price to sales ratio is 0.39, and price to book ratio is 5.02, price to cash per share ration is 8.79, price to free cash flow is 10.56.
Analysts mean target price for OMNOVA Solutions Inc. (NYSE:OMN) is $10.38. The current share price indicates that stock is -40.00% away from its one year high and is moving 17.15% ahead of its 52-week low. OMN’s distance from 20 day simple moving average is 10.12% and distance from 50-Day simple moving average is -0.49%.