Omeros Corporation (OMER) stock shows 52-week fluctuation between $0.92 and $7.80

Omeros Corporation [OMER] stock prices are down -0.29% to $3.42 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OMER shares have gain 7.21% over the last week, with a monthly amount drifted -24.34%, and not seem to be holding up well over a long-time horizon.

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On 1, April 2024, Omeros Corporation Reports Fourth Quarter and Year-End 2023 Financial Results. In a post published today on Yahoo Finance, – Conference Call Today at 4:30 p.m. ET.

From an analyst’s perspective:

Omeros Corporation [NASDAQ: OMER] stock has seen the most recent analyst activity on December 08, 2022, when UBS downgraded its rating to a Neutral and also revised its price target to $2 from $12. Previously, BofA Securities downgraded its rating to Underperform on November 08, 2022, and dropped its price target to $3. On June 08, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $4 on the stock. JP Morgan downgraded its rating to a Underweight. Wedbush downgraded its rating to a Underperform. Maxim Group downgraded its rating to Hold for this stock on October 01, 2021. In a note dated September 27, 2021, JP Morgan initiated an Neutral rating and provided a target price of $15 on this stock.

The stock price of Omeros Corporation [OMER] has been fluctuating between $0.92 and $7.80 over the past year. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Omeros Corporation [NASDAQ: OMER] shares were valued at $3.42 at the most recent close of the market. An investor can expect a potential drop of -41.52% based on the average OMER price forecast.

Analyzing the OMER fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.31, Equity is -12.91 and Total Capital is -0.51. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-13.75.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.32 points at the first support level, and at 3.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.60, and for the 2nd resistance point, it is at 3.77.

Omeros Corporation [OMER] reported earnings per share of -$0.15 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.55/share, meaning a difference of $0.4 and a surprise factor of 72.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.6 per share as compared to estimates of -$0.61 per share, a difference of $0.01 representing a surprise of 1.60%.

Ratios To Look Out For

It’s worth pointing out that Omeros Corporation [NASDAQ:OMER]’s Current Ratio is 4.09. Further, the Quick Ratio stands at 4.09, while the Cash Ratio is 0.13.

Transactions by insiders

Recent insider trading involved Demopulos Gregory A MD, Chairman, CEO & President, that happened on Nov 17 ’23 when 15000.0 shares were purchased. Director, Demopulos Peter A MD completed a deal on Nov 15 ’23 to buy 10000.0 shares. Meanwhile, Director Cable Thomas J. sold 5000.0 shares on May 22 ’23.

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