With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.63 million shares. The 52-week range on OMER shows that it touched its highest point at $13.60 and its lowest point at $3.00 during that stretch. It currently has a 1-year price target of $40.50. Beta for the stock currently stands at 2.47.
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 -13.81%, but this was down by -4.92% over a month. Three-month performance dropped to -28.55% while six-month performance rose 40.45%. The stock gained 69.78% in the past year, while it has lost -37.45% so far this year. A look at the trailing 12-month EPS for OMER yields -2.70 with Next year EPS estimates of 0.03. For the next quarter, that number is -0.57. This implies an EPS growth rate of 11.98% for this year and 101.05% for next year.
Float and Shares Shorts:
At present, 58.04 million OMER shares are outstanding with a float of 55.70 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 -$2.9325 being high and -$2.9325 being low. For OMER, this leads to a yearly average estimate of -$2.9325. Based on analyst estimates, the high estimate for the next quarter is -$0.44 and the low estimate is -$0.62. The average estimate for the next quarter is thus -$0.54.
