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.
Elon Musk just Triggered a BOOM in These Stocks
Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"
Click Here to Download the FREE Report.
Sponsored
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%.
