OLMA (Olema Pharmaceuticals Inc) dropped -9.21 at the last close: Is This Today’s Most Popular Stock?

On Friday, Olema Pharmaceuticals Inc (NASDAQ: OLMA) was -9.21% drop from the session before settling in for the closing price of $10.10. A 52-week range for OLMA has been $8.51 – $17.23.

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When this article was written, the company’s average yearly earnings per share was at -7.24%. With a float of $49.61 million, this company’s outstanding shares have now reached $54.99 million.

Let’s determine the extent of company efficiency that accounts for 74 employees. In terms of profitability, gross margin is 85.67%, operating margin of -7213.69%, and the pretax margin is -6511.62%.

Olema Pharmaceuticals Inc (OLMA) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Olema Pharmaceuticals Inc stocks. The insider ownership of Olema Pharmaceuticals Inc is 14.02%, while institutional ownership is 94.07%. The most recent insider transaction that took place on Aug 01 ’24, was worth 35,796,000. In this transaction 10% Owner of this company sold 2,400,000 shares at a rate of $14.91, taking the stock ownership to the 783,118 shares. Before that another transaction happened on Jul 29 ’24, when Company’s Director sold 4,066 for $15.58, making the entire transaction worth $63,348. This insider now owns 752,217 shares in total.

Olema Pharmaceuticals Inc (OLMA) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -7.24% per share during the next fiscal year.

Olema Pharmaceuticals Inc (NASDAQ: OLMA) Trading Performance Indicators

You can see what Olema Pharmaceuticals Inc (OLMA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 7.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.19, a number that is poised to hit -0.64 in the next quarter and is forecasted to reach -2.64 in one year’s time.

Technical Analysis of Olema Pharmaceuticals Inc (OLMA)

Looking closely at Olema Pharmaceuticals Inc (NASDAQ: OLMA), its last 5-days average volume was 0.61 million, which is a drop from its year-to-date volume of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 9.89%. Additionally, its Average True Range was 0.84.

During the past 100 days, Olema Pharmaceuticals Inc’s (OLMA) raw stochastic average was set at 0.80%, which indicates a significant decrease from 1.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.44% in the past 14 days, which was higher than the 65.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.00, while its 200-day Moving Average is $12.12. However, in the short run, Olema Pharmaceuticals Inc’s stock first resistance to watch stands at $9.87. Second resistance stands at $10.57. The third major resistance level sits at $10.95. If the price goes on to break the first support level at $8.79, it is likely to go to the next support level at $8.41. Now, if the price goes above the second support level, the third support stands at $7.71.

Olema Pharmaceuticals Inc (NASDAQ: OLMA) Key Stats

There are 57,298K outstanding shares of the company, which has a market capitalization of 477.04 million. As of now, sales total 0 K while income totals -96,660 K. Its latest quarter income was 0 K while its last quarter net income were -30,380 K.