Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Omeros Corporation (NASDAQ: OMER) closed at $6.73 in the last session, up 14.85% from day before closing price of $5.86. In other words, the price has increased by $14.85 from its previous closing price. On the day, 0.83 million shares were traded. OMER stock price reached its highest trading level at $6.77 during the session, while it also had its lowest trading level at $5.802.
Ratios:
We take a closer look at OMER’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 1.69.
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, D. Boral Capital on December 23, 2024, initiated with a Buy rating and assigned the stock a target price of $36.
On November 14, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $9.
UBS Downgraded its Buy to Neutral on December 08, 2022, whereas the target price for the stock was revised from $12 to $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OMER now has a Market Capitalization of 390770048 and an Enterprise Value of 723915072.
Stock Price History:
The Beta on a monthly basis for OMER is 2.49, which has changed by 0.9911243 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, OMER has reached a high of $13.60, while it has fallen to a 52-week low of $2.96. The 50-Day Moving Average of the stock is -18.94%, while the 200-Day Moving Average is calculated to be 2.27%.
Shares Statistics:
According to the various share statistics, OMER traded on average about 624.02K shares per day over the past 3-months and 1310370 shares per day over the past 10 days. A total of 58.04M shares are outstanding, with a floating share count of 55.47M. Insiders hold about 4.46% of the company’s shares, while institutions hold 45.93% stake in the company. Shares short for OMER as of 1743379200 were 9326578 with a Short Ratio of 14.95, compared to 1740700800 on 9225776. Therefore, it implies a Short% of Shares Outstanding of 9326578 and a Short% of Float of 16.8.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0