Market Resilience: Omeros Corporation (OMER) Finishes Weak at 7.04, Down -8.09

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Omeros Corporation (NASDAQ: OMER) closed the day trading at $7.04 down -8.09% from the previous closing price of $7.66. In other words, the price has decreased by -$8.09 from its previous closing price. On the day, 0.56 million shares were traded.

Ratios:

For a better understanding of OMER, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.96 and its Current Ratio is at 2.96.

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.

Stock Price History:

Over the past 52 weeks, OMER has reached a high of $13.60, while it has fallen to a 52-week low of $2.61. The 50-Day Moving Average of the stock is -22.26%, while the 200-Day Moving Average is calculated to be 15.86%.

Shares Statistics:

A total of 57.95M shares are outstanding, with a floating share count of 55.36M. Insiders hold about 4.46% of the company’s shares, while institutions hold 46.05% stake in the company.

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