Omeros Corporation (NASDAQ: OMER) is 12.54% higher on its value in year-to-date trading and has touched a low of $0.92 and a high of $7.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OMER stock was last observed hovering at around $4.04 in the last trading session, with the day’s loss setting it -0.36%.
Currently trading at $3.68, the stock is -16.95% and -4.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing -8.91% at the moment leaves the stock 0.96% off its SMA200. OMER registered -2.39% loss for a year compared to 6-month gain of 15.72%. The firm has a 200-day simple moving average (SMA200) of -$1.76.
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The stock witnessed a 1.38% loss in the last 1 month and extending the period to 3 months gives it a 42.08%, and is -18.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.04% over the week and 8.78% over the month.
Omeros Corporation (OMER) has around 196 employees, a market worth around $231.36M and $0.00M in sales. Current P/E ratio is 11.48. Distance from 52-week low is 300.00% and -52.81% from its 52-week high. The company has generated returns on investments over the last 12 months (5.78%).
Omeros Corporation quarterly earnings per share for the current quarter are estimated at -$0.55.
126 institutions hold shares in Omeros Corporation (OMER), with institutional investors hold 41.53% of the company’s shares. The shares outstanding are 62.83M, and float is at 60.32M with Short Float at 22.91%. Institutions hold 39.86% of the Float.
The top institutional shareholder in the company is Ingalls & Snyder with over 4.66 million shares valued at $25.33 million. The investor’s holdings represent 7.41% of the OMER Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 4.15 million shares valued at $22.6 million to account for 6.61% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 3.14 million shares representing 4.99% and valued at over $17.07 million, while Stifel Financial Corporation holds 3.27% of the shares totaling 2.06 million with a market value of $11.19 million.
Omeros Corporation (OMER) Insider Activity
The most recent transaction is an insider purchase by Demopulos Gregory A MD, the company’s Chairman, CEO & President. SEC filings show that Demopulos Gregory A MD bought 15,000 shares of the company’s common stock on Nov 17 ’23 at a price of $1.68 per share for a total of $25200.0. Following the purchase, the insider now owns 0.12 million shares.
Omeros Corporation disclosed in a document filed with the SEC on Nov 15 ’23 that Demopulos Peter A MD (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Nov 15 ’23 and was made at $1.53 per share for $15300.0. Following the transaction, the insider now directly holds 0.21 million shares of the OMER stock.
Still, SEC filings show that on May 22 ’23, Cable Thomas J. (Director) disposed off 5,000 shares at an average price of $6.53 for $32650.0. The insider now directly holds 35,067 shares of Omeros Corporation (OMER).
