Omeros Corporation (NASDAQ:OMER) currently has a daily average trading volume of 243.13K but it saw 14198524 shares traded in last market. With a market cap of 402.74M USD, the company’s current market price of $6.95 came rising about 65.87 while comparing to the previous closing price of $4.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.68 and as low as $1.38. In the recent trading on the day, stock has struck highest price mark of $4.42 while lowest mark touched by it was $7.51.
Taking a look at 20-day trading activity of Omeros Corporation (OMER) gives us an average price of $4.39, while its current price level is 22.36% below from 52-week high level whereas it is 405.45% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.08 while that of 200 days or SMA-200 reads an average of $3.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.01% during that period while stretching the period over a month that decreases to 7.57%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 85.04 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Rodman & Renshaw which initiated the stock as “Buy” in its note to investors issued on November 14, 2024, recommending a price target of $9 for it. UBS downgraded its recommendation for the stock as a “Neutral” from “Buy” on December 08, 2022 while assigning a price target range of $12-$2. BofA Securities issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $8 and $3.
Over the week, OMER’s stock price is moving 54.44% up while it is 67.87% when we observe its performance for the past one month. Year-to-date it is 112.54% up and over the past year, the stock is showing an upside performance of 366.44%.
Currently, Omeros Corporation’s total number of outstanding shares is 61.13M. Company’s return on investment (ROI) stands at -52.83% and return on equity (ROE) at -576.33%. Stock’s beta reads 1.48. Its return on asset (ROA) is -45.98% on average.
