Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of Olema Pharmaceuticals Inc (NASDAQ: OLMA) closed at $5.14 in the last session, up 6.20% from day before closing price of $4.84. In other words, the price has increased by $6.20 from its previous closing price. On the day, 1.41 million shares were traded. OLMA stock price reached its highest trading level at $5.44 during the session, while it also had its lowest trading level at $4.78.
Ratios:
We take a closer look at OLMA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.10 and its Current Ratio is at 7.10. In the meantime, Its Debt-to-Equity ratio is 0.01 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OLMA now has a Market Capitalization of 381611616 and an Enterprise Value of 80129808.
Stock Price History:
The Beta on a monthly basis for OLMA is 2.08, which has changed by -0.5697778 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, OLMA has reached a high of $16.77, while it has fallen to a 52-week low of $4.60. The 50-Day Moving Average of the stock is -39.15%, while the 200-Day Moving Average is calculated to be -53.16%.
Shares Statistics:
According to the various share statistics, OLMA traded on average about 843.22K shares per day over the past 3-months and 1467340 shares per day over the past 10 days. A total of 57.29M shares are outstanding, with a floating share count of 55.56M. Insiders hold about 25.17% of the company’s shares, while institutions hold 65.60% stake in the company. Shares short for OLMA as of 1735603200 were 10399932 with a Short Ratio of 12.33, compared to 1732838400 on 10015332. Therefore, it implies a Short% of Shares Outstanding of 10399932 and a Short% of Float of 20.82.
