Omeros Corporation (OMER) Stock Drops Amid Financial Report Concerns

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Dec 11, 2024
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Omeros Corporation (OMER, Financial) experienced a significant stock decline of 6.17%, trading at $9.89 per share with a volume of 284,823 shares and a turnover rate of 0.49%. The company's recent financial report shows zero revenue, a net loss of $37.11 million, and an earnings per share of -$0.56. The gross profit stands at -$237,000, and the price-to-earnings ratio is -4.37. Among analysts, 33% recommend buying, while 67% suggest holding, with no sell recommendations.

Omeros, a clinical-stage biopharmaceutical company, focuses on developing therapies for immune diseases and other conditions. Its lead candidate, narsoplimab (OMS721), targets complement-mediated diseases.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.