Cerus Corporation (NASDAQ:CERS) went down by -2.28% from its latest closing price compared to the recent 1-year high of $6.00. The company’s stock price has collected -10.18% of loss in the last five trading sessions.
Is It Worth Investing in Cerus Corporation (NASDAQ :CERS) Right Now?
Plus, the 36-month beta value for CERS is at 0.98.
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CERS currently public float of 171.72M and currently shorts hold a 3.66% ratio of that float. Today, the average trading volume of CERS was 1.35M shares.
CERS’s Market Performance
CERS stocks went down by -10.18% for the week, with a monthly jump of 6.01% and a quarterly performance of -18.92%, while its annual performance rate touched -44.34%. The volatility ratio for the week stands at 4.84% while the volatility levels for the past 30 days are set at 4.96% for Cerus Corporation. The simple moving average for the period of the last 20 days is -4.17% for CERS stocks with a simple moving average of -30.31% for the last 200 days.
Analysts’ Opinion of CERS
Stephens, on the other hand, stated in their research note that they expect to see CERS reach a price target of $3.75. The rating they have provided for CERS stocks is “Equal-Weight” according to the report published on January 17th, 2023.
BTIG Research gave a rating of “Buy” to CERS, setting the target price at $9 in the report published on October 08th of the previous year.
CERS Trading at -15.09% from the 50-Day Moving Average
After a stumble in the market that brought CERS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.00% of loss for the given period.
Volatility was left at 4.96%, however, over the last 30 days, the volatility rate increased by 4.84%, as shares surge +2.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.92% lower at present.
During the last 5 trading sessions, CERS fell by -10.18%, which changed the moving average for the period of 200-days by -37.37% in comparison to the 20-day moving average, which settled at $3.13. In addition, Cerus Corporation saw -17.81% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CERS starting from Swisher Daniel N JR, who sale 12,500 shares at the price of $3.91 back on Nov 10. After this action, Swisher Daniel N JR now owns 113,808 shares of Cerus Corporation, valued at $48,875 using the latest closing price.
Menard Chrystal, the Chief Legal Officer of Cerus Corporation, sale 10,000 shares at $5.18 during a trade that took place back on Aug 15, which means that Menard Chrystal is holding 164,871 shares at $51,800 based on the most recent closing price.
Stock Fundamentals for CERS
Equity return is now at value -48.90, with -17.20 for asset returns.