Latest news with #OMER
Yahoo
03-06-2025
- Business
- Yahoo
Down 54.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Omeros (OMER)
Omeros (OMER) has been on a downward spiral lately with significant selling pressure. After declining 54.8% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal. So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound. However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision. The RSI reading of 24.55 for OMER is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand. The RSI value is not the only factor that indicates a potential turnaround for the stock in the near term. On the fundamental side, there has been strong agreement among the sell-side analysts covering the stock in raising earnings estimates for the current year. Over the last 30 days, the consensus EPS estimate for OMER has increased 6.9%. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term. Moreover, OMER currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Omeros Corporation (OMER) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
Omeros: Q1 Earnings Snapshot
SEATTLE (AP) — SEATTLE (AP) — Omeros Corporation (OMER) on Thursday reported a loss of $33.5 million in its first quarter. The Seattle-based company said it had a loss of 58 cents per share. Losses, adjusted to account for discontinued operations, were 65 cents per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OMER at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
15-05-2025
- Business
- Washington Post
Omeros: Q1 Earnings Snapshot
SEATTLE — SEATTLE — Omeros Corporation (OMER) on Thursday reported a loss of $33.5 million in its first quarter. The Seattle-based company said it had a loss of 58 cents per share. Losses, adjusted to account for discontinued operations, were 65 cents per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OMER at
Yahoo
15-05-2025
- Business
- Yahoo
Omeros: Q1 Earnings Snapshot
SEATTLE (AP) — SEATTLE (AP) — Omeros Corporation (OMER) on Thursday reported a loss of $33.5 million in its first quarter. The Seattle-based company said it had a loss of 58 cents per share. Losses, adjusted to account for discontinued operations, were 65 cents per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OMER at Sign in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Omeros: Q4 Earnings Snapshot
SEATTLE (AP) — SEATTLE (AP) — Omeros Corporation (OMER) on Monday reported a loss of $31.4 million in its fourth quarter. The Seattle-based company said it had a loss of 54 cents per share. Losses, adjusted to account for discontinued operations, came to 63 cents per share. For the year, the company reported a loss of $156.8 million, or $2.70 per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OMER at
