Omeros (OMER) Shares Cross Below 200 DMA

In trading on Tuesday, shares of Omeros Corp (OMER) crossed below their 200 day moving average of $19.81, changing hands as low as $19.18 per share. Omeros Corp shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of OMER shares, versus its 200 day moving average:

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Omeros Corp 200 Day Moving Average Chart

Looking at the chart above, OMER's low point in its 52 week range is $11.18 per share, with $27.64 as the 52 week high point — that compares with a last trade of $19.46.

According to the ETF Finder at ETF Channel, OMER makes up 3.66% of the PowerShares Dynamic Pharmaceuticals Portfolio ETF ( PJP) which is trading lower by about 0.5% on the day Tuesday.

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