At the time of writing, Omeros Corporation [OMER] stock is trading at $10.91, up 41.14%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OMER shares have gain 61.63% over the last week, with a monthly amount glided 157.31%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Omeros Corporation [NASDAQ: OMER] stock has seen the most recent analyst activity on November 14, 2024, when Rodman & Renshaw initiated its Buy rating and assigned the stock a price target of $9. Previously, UBS downgraded its rating to Neutral on December 08, 2022, and dropped its price target to $2. On November 08, 2022, downgrade downgraded it’s rating to Underperform and revised its price target to $3 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $4 on June 08, 2022. JP Morgan downgraded its rating to a Underweight. Wedbush downgraded its rating to Underperform for this stock on October 01, 2021. In a note dated October 01, 2021, Maxim Group downgraded an Hold rating on this stock.
For the past year, the stock price of Omeros Corporation fluctuated between $1.66 and $7.85. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Omeros Corporation [NASDAQ: OMER] shares were valued at $10.91 at the most recent close of the market. An investor can expect a potential drop of -81.67% based on the average OMER price forecast.
Analyzing the OMER fundamentals
Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at -126.91%, Pretax Profit Margin comes in at -135.71%, and Net Profit Margin reading is -98.48%. To continue investigating profitability, this company’s Return on Assets is posted at -0.43, Equity is 1.43 and Total Capital is -0.67. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.68.
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 8.58 points at the first support level, and at 6.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.11, and for the 2nd resistance point, it is at 13.32.
Ratios To Look Out For
It is important to note that Omeros Corporation [NASDAQ:OMER] has a current ratio of 2.96. As well, the Quick Ratio is 2.96, while the Cash Ratio is 0.03.
