Olema Pharmaceuticals Inc (OLMA) kicked off at the price of $5.08: Venture capitalists have an exciting new opportunity

Olema Pharmaceuticals Inc (NASDAQ: OLMA) kicked off on Tuesday, up 5.83% from the previous trading day, before settling in for the closing price of $4.80. Over the past 52 weeks, OLMA has traded in a range of $2.86-$16.62.

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While this was happening, its average annual earnings per share was recorded 19.90%. With a float of $52.12 million, this company’s outstanding shares have now reached $68.33 million.

Let’s determine the extent of company efficiency that accounts for 96 employees. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.

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

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Olema Pharmaceuticals Inc is 23.83%, while institutional ownership is 77.89%. The most recent insider transaction that took place on Jan 08 ’25, was worth 1,727,370. In this transaction 10% Owner of this company bought 300,000 shares at a rate of $5.76, taking the stock ownership to the 7,800,000 shares. Before that another transaction happened on Dec 17 ’24, when Company’s Director sold 700,761 for $6.75, making the entire transaction worth $4,730,137. This insider now owns 0 shares in total.

Olema Pharmaceuticals Inc (OLMA) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 19.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.25% during the next five years compared to -83.00% drop over the previous five years of trading.

Olema Pharmaceuticals Inc (NASDAQ: OLMA) Trading Performance Indicators

Take a look at Olema Pharmaceuticals Inc’s (OLMA) current performance indicators. Last quarter, stock had a quick ratio of 15.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.95, a number that is poised to hit -0.38 in the next quarter and is forecasted to reach -1.94 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 0.56 million, which is a drop from its year-to-date volume of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 70.42%. Additionally, its Average True Range was 0.40.

During the past 100 days, Olema Pharmaceuticals Inc’s (OLMA) raw stochastic average was set at 57.78%, which indicates a significant decrease from 60.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.86% in the past 14 days, which was higher than the 77.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.36, while its 200-day Moving Average is $8.01. However, in the short run, Olema Pharmaceuticals Inc’s stock first resistance to watch stands at $5.19. Second resistance stands at $5.29. The third major resistance level sits at $5.49. If the price goes on to break the first support level at $4.89, it is likely to go to the next support level at $4.69. Now, if the price goes above the second support level, the third support stands at $4.59.

Olema Pharmaceuticals Inc (NASDAQ: OLMA) Key Stats

The company with the Market Capitalisation of 347.58 million has total of 68,421K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -129,470 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -30,390 K.

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