With 1.02 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.17 million shares. The 52-week range on OLMA shows that it touched its highest point at $16.62 and its lowest point at $4.07 during that stretch. It currently has a 1-year price target of $28.00. Beta for the stock currently stands at 2.02.
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 OLMA was up-trending over the past week, with a rise of 3.10%, but this was down by -23.90% over a month. Three-month performance dropped to -57.88% while six-month performance fell -63.40%. The stock lost -69.23% in the past year, while it has lost -25.73% so far this year. A look at the trailing 12-month EPS for OLMA yields -2.19 with Next year EPS estimates of -2.65. For the next quarter, that number is -0.64. This implies an EPS growth rate of -7.49% for this year and -15.38% for next year. EPS is expected to decline by -13.34% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -105.28%.
Float and Shares Shorts:
At present, 57.29 million OLMA shares are outstanding with a float of 54.63 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 OLMA since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 -$2.20166 being high and -$2.3695 being low. For OLMA, this leads to a yearly average estimate of -$2.30039. Based on analyst estimates, the high estimate for the next quarter is -$0.59 and the low estimate is -$0.64. The average estimate for the next quarter is thus -$0.62.
