Olema Pharmaceuticals Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $17.79 on 11/08/23, while the lowest price for the same period was registered at $7.78 on 07/31/23.
52-week price history of OLMA Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Olema Pharmaceuticals Inc’s current trading price is -17.49% away from its 52-week high, while its distance from the 52-week low is 88.69%. The stock’s price range during the 52-week period has remained between $7.78 and $17.79. In the Healthcare sector, the company’s shares saw a trading volume of around 1.0 million for the day, which was evidently higher than the average daily volume of 0.95 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Olema Pharmaceuticals Inc (OLMA) has experienced a quarterly rise of 35.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 821.05M and boasts a workforce of 74 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.39, with a change in price of +0.81. Similarly, Olema Pharmaceuticals Inc recorded 933,009 in trading volume during the last 100 days, posting a change of +5.84%.
Examining OLMA’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 0.00.
OLMA Stock Stochastic Average
Olema Pharmaceuticals Inc’s raw stochastic average for the past 50 days is presently 89.55%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 86.29%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 85.52% and 72.31%, respectively.
OLMA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant gain of 4.63% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 26.55%. Over the past 30 days, the price of OLMA has fallen by 17.82%. And in the last five days, it has surged by 27.43%.
