Omeros Corporation (OMER) was among the biggest gainers on the Russell 2000 for Wednesday January 20 as the stock popped 10.16% to $10.84, representing a gain of $1 per share. Some 269,860 shares traded hands on 2,597 trades, compared with an average daily volume of 508,517 shares out of a total float of 37.97 million. The stock opened at $9.64 and traded with an intraday range of $10.84 to $9.51.
After today's gains, Omeros Corporation reached a market cap of $411.59 million. Omeros Corporation has had a trading range between $30.23 and $8.90 over the last year, and it had a 50-day SMA of $13.91 and a 200-day SMA of $16.61.
Omeros Corp is engaged in the discovery, development and commercialization of pharmaceutical products for inflammation, coagulopathies and disorders of the central nervous system.
Omeros Corporation is based out of Seattle, WA and has some 103 employees. Its CEO is Gregory A. Demopulos.
For a complete fundamental analysis analysis of Omeros Corporation, check out Equities.com’s Stock Valuation Analysis report for OMER. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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