With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.73 million shares. The 52-week range on OMER shows that it touched its highest point at $13.60 and its lowest point at $2.61 during that stretch. It currently has a 1-year price target of $26.00. Beta for the stock currently stands at 2.03.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OMER was down-trending over the past week, with a drop of -5.88%, but this was down by -7.58% over a month. Three-month performance dropped to -32.76% while six-month performance rose 102.23%. The stock gained 80.35% in the past year, while it has lost -17.31% so far this year. A look at the trailing 12-month EPS for OMER yields -2.30 with Next year EPS estimates of -2.30. For the next quarter, that number is -0.69. This implies an EPS growth rate of -51.50% for this year and 19.32% for next year. EPS is expected to grow by 40.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.37%.
Float and Shares Shorts:
At present, 57.95 million OMER shares are outstanding with a float of 55.36 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OMER since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.84812 being high and -$2.84812 being low. For OMER, this leads to a yearly average estimate of -$2.84812. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
Summary of Insider Activity:
Insiders traded OMER stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
