Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Olema Pharmaceuticals Inc’s current trading price is -10.57% away from its 52-week high, while its distance from the 52-week low is 626.48%. The stock’s price range over this period has fluctuated between $2.19 and $17.79. The company, operating within the financial sector, had a trading volume of approximately 0.6 million for the day, which was noticeably higher than the average daily share volume of 0.37 million over the last 3 months.
At present, Olema Pharmaceuticals Inc (OLMA) has a stock price of $15.91. In the previous session, the stock saw a rise, peaking at $17.10 after an opening price of $16.90. The day’s lowest price was $15.79, and it closed at $16.78.
In terms of market performance, Olema Pharmaceuticals Inc had a fairly even. The highest value for the stock in the past year was $17.79 on 11/08/23, and the lowest value was recorded at $2.19 on 12/19/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Olema Pharmaceuticals Inc (OLMA) has experienced a quarterly rise of 70.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 871.39M and boasts a workforce of 86 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.31, with a change in price of +6.26. Similarly, Olema Pharmaceuticals Inc recorded 347,920 in trading volume during the last 100 days, posting a change of +64.87%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for OLMA stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
OLMA Stock Stochastic Average
Today’s raw stochastic average for Olema Pharmaceuticals Inc over the last 50 days is 75.98%.This indicates a increase from the raw stochastic average of the past 20 days, which was 74.45%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 82.86% and 80.30%, respectively.
OLMA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 549.39%.However, over the last six months, we can see a weaker performance of 132.26%. Over the last 30 days, the price of OLMA has fallen by 51.09%. And in the last five days, it has surged by 0.51%.