Olema Pharmaceuticals Inc (NASDAQ:OLMA) has a beta value of 1.96 and has seen 1.09 million shares traded in the last trading session. The company, currently valued at $370.65M, closed the last trade at $6.44 per share which meant it lost -$0.31 on the day or -4.59% during that session. The OLMA stock price is -160.4% off its 52-week high price of $16.77 and 3.11% above the 52-week low of $6.24. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.3 million shares traded. The 3-month trading volume is 623.71K shares.

The consensus among analysts is that Olema Pharmaceuticals Inc (OLMA) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.17.

Olema Pharmaceuticals Inc (NASDAQ:OLMA) trade information

Sporting -4.59% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the OLMA stock price touched $6.44 or saw a rise of 34.22%. Year-to-date, Olema Pharmaceuticals Inc shares have moved -54.10%, while the 5-day performance has seen it change -31.78%. Over the past 30 days, the shares of Olema Pharmaceuticals Inc (NASDAQ:OLMA) have changed -36.24%. Short interest in the company has seen 10.02 million shares shorted with days to cover at 18.7.

Wall Street analysts have a consensus price target for the stock at $27, which means that the shares’ value could jump 76.15% from current levels. The projected low price target is $27.0 while the price target rests at a high of $27.0. In that case, then, we find that the current price level is -319.25% off the targeted high while a plunge would see the stock gain -319.25% from current levels.

Olema Pharmaceuticals Inc (OLMA) estimates and forecasts

Figures show that Olema Pharmaceuticals Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -45.75% over the past 6 months, with this year growth rate of 34.58%, compared to 16.90% for the industry. Revenue growth from the last financial year stood is estimated to be 0.00%.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -105.28% over the past 5 years.

OLMA Dividends

Olema Pharmaceuticals Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Olema Pharmaceuticals Inc (NASDAQ:OLMA)’s Major holders

Insiders own 3.80% of the company shares, while shares held by institutions stand at 105.78% with a share float percentage of 109.96%. Investors are also buoyed by the number of investors in a company, with Olema Pharmaceuticals Inc having a total of 194.0 institutions that hold shares in the company. The top two institutional holders are BVF INC/IL with over 9.14 million shares worth more than $98.85 million. As of 2024-06-30, BVF INC/IL held 16.2322% of shares outstanding.

The other major institutional holder is PARADIGM BIOCAPITAL ADVISORS LP, with the holding of over 7.9 million shares as of 2024-06-30. The firm’s total holdings are worth over $85.52 million and represent 14.0428% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF . As of Sep 30, 2024 , the former fund manager holds about 2.60% shares in the company for having 1.49 shares of worth $9.58 million while later fund manager owns 1.04 shares of worth $6.7 million as of Sep 30, 2024 , which makes it owner of about 1.82% of company’s outstanding stock.