Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Olema Pharmaceuticals Inc (NASDAQ: OLMA) was $4.19 for the day, up 1.45%% from the previous closing price of $4.13. In other words, the price has increased by $1.45% from its previous closing price. On the day, 0.87 million shares were traded.
Ratios:
Our analysis of OLMA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 15.22 and its Current Ratio is at 15.22. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on April 02, 2024, initiated with a Buy rating and assigned the stock a target price of $24.
On January 30, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $20.
On July 21, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $21.Oppenheimer initiated its Outperform rating on July 21, 2023, with a $21 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 08 ’25 when Bain Capital Life Sciences Inv bought 300,000 shares for $5.76 per share. The transaction valued at 1,727,370 led to the insider holds 7,800,000 shares of the business.
Graham G. Walmsley sold 700,761 shares of OLMA for $4,730,137 on Dec 17 ’24. The Director now owns 0 shares after completing the transaction at $6.75 per share. On Dec 13 ’24, another insider, Logos Opportunities Fund I LP, who serves as the Affiliate of the company, bought 700,761 shares for $6.75 each.
Stock Price History:
Over the past 52 weeks, OLMA has reached a high of $16.62, while it has fallen to a 52-week low of $2.86. The 50-Day Moving Average of the stock is -9.26%, while the 200-Day Moving Average is calculated to be -41.41%.
Shares Statistics:
A total of 68.33M shares are outstanding, with a floating share count of 52.12M. Insiders hold about 23.83% of the company’s shares, while institutions hold 79.44% stake in the company.
