Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Omeros Corporation shares valued at $25,200 were purchased by Demopulos Gregory A MD on Nov 17 ’23. At $1.68 per share, Demopulos Gregory A MD acquired 15,000 shares. The insider’s holdings grew to 123,945 shares worth approximately $0.86 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As published in their initiating research note from Rodman & Renshaw on November 14, 2024, Omeros Corporation [OMER] has been a Buy and the price target has been revised to $9. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of November 08, 2022, BofA Securities has decreased its “Neutral” rating to a “an Underperform” for OMER. Earlier on June 08, 2022, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for OMER stock which previously was a “a Buy”.
Analyzing OMER Stock Performance
During the last five days, there has been a surge of approximately 54.44%. Over the course of the year, Omeros Corporation shares have jumped approximately 112.54%. Shares of the company reached a 52-week high of $7.51 on 11/14/24 and a 52-week low of $2.61 on 04/02/24. A 50-day SMA is recorded $4.08, while a 200-day SMA reached $3.98. Nevertheless, trading volume fell to 14.2 million shares from 0.3 million shares the previous day.
Support And Resistance Levels for Omeros Corporation (OMER)
According to the 24-hour chart, there is a support level at 5.07, which, if violated, would cause prices to drop to 3.19. In the upper region, resistance lies at 8.17. The next price resistance is at 9.39. RSI (Relative Strength Index) is 85.04 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.66, which suggests the price will decrease in the coming days. Percent R is at 16.00%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
