Olema Pharmaceuticals Inc (NASDAQ: OLMA) on Monday, plunged -17.14% from the previous trading day, before settling in for the closing price of $5.28. Within the past 52 weeks, OLMA’s price has moved between $2.86 and $16.62.
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The company achieved an average annual earnings per share of 12.18%. With a float of $52.12 million, this company’s outstanding shares have now reached $68.33 million.
Considering the fact that the conglomerate employs 96 people, you should pay attention to its efficiency factor. 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) Insider Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Olema Pharmaceuticals Inc is 23.83%, while institutional ownership is 77.90%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 12.18% 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
Olema Pharmaceuticals Inc (OLMA) is currently performing well based on its current performance indicators. A quick ratio of 15.22 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.95, a number that is poised to hit -0.43 in the next quarter and is forecasted to reach -2.18 in one year’s time.
Technical Analysis of Olema Pharmaceuticals Inc (OLMA)
Compared to the last year’s volume of 0.97 million, its volume of 0.73 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 48.44%. Additionally, its Average True Range was 0.43.
During the past 100 days, Olema Pharmaceuticals Inc’s (OLMA) raw stochastic average was set at 39.43%, which indicates a significant increase from 20.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.67% in the past 14 days, which was higher than the 81.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.48, while its 200-day Moving Average is $7.69. Nevertheless, the first resistance level for the watch stands at $5.04 in the near term. At $5.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.06. If the price goes on to break the first support level at $4.02, it is likely to go to the next support level at $3.66. Should the price break the second support level, the third support level stands at $3.00.
Olema Pharmaceuticals Inc (NASDAQ: OLMA) Key Stats
Market capitalization of the company is 299.34 million based on 68,421K outstanding shares. Right now, sales total 0 K and income totals -129,470 K. The company made 0 K in profit during its latest quarter, and -30,390 K in sales during its previous quarter.
