On June 22, 2022, Cerus Corporation (NASDAQ: CERS) opened at $4.81, higher 9.07% from the last session. During the day, the shares moved up to $5.225 and dropped to $4.67 before settling in for the closing price of $4.74. Price fluctuations for CERS have ranged from $4.34 to $8.06 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 32.40% annually for the last half of the decade. Company’s average yearly earnings per share was noted 13.00% at the time writing. With a float of $171.25 million, this company’s outstanding shares have now reached $174.48 million.
In an organization with 294 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +49.58, operating margin of -59.30, and the pretax margin is -41.31.
Cerus Corporation (CERS) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Cerus Corporation is 3.30%, while institutional ownership is 80.80%. The most recent insider transaction that took place on May 10, was worth 285,373. In this transaction Chief Financial Officer of this company sold 57,335 shares at a rate of $4.98, taking the stock ownership to the 222,999 shares. Before that another transaction happened on Mar 14, when Company’s SVP Reg. & Quality sold 28,513 for $5.04, making the entire transaction worth $143,695. This insider now owns 257,192 shares in total.
Cerus Corporation (CERS) Latest Financial update
If we go through the results of last quarter, which was made public on 3/30/2022, the company posted -$0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.09) by $0.02. This company achieved a net margin of -41.55 while generating a return on equity of -57.71. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.00% per share during the next fiscal year.
Cerus Corporation (NASDAQ: CERS) Trading Performance Indicators
Check out the current performance indicators for Cerus Corporation (CERS). In the past quarter, the stock posted a quick ratio of 2.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.24 in one year’s time.
Technical Analysis of Cerus Corporation (CERS)
Let’s dig in a bit further. During the last 5-days, its volume was 2.07 million. That was better than the volume of 1.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 51.34%. Additionally, its Average True Range was 0.34.
During the past 100 days, Cerus Corporation’s (CERS) raw stochastic average was set at 49.85%, which indicates a significant decrease from 81.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.06% in the past 14 days, which was higher than the 69.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.89, while its 200-day Moving Average is $5.83. However, in the short run, Cerus Corporation’s stock first resistance to watch stands at $5.37. Second resistance stands at $5.58. The third major resistance level sits at $5.93. If the price goes on to break the first support level at $4.82, it is likely to go to the next support level at $4.47. The third support level lies at $4.26 if the price breaches the second support level.
Cerus Corporation (NASDAQ: CERS) Key Stats
There are currently 176,898K shares outstanding in the company with a market cap of 871.35 million. Presently, the company’s annual sales total 159,520 K according to its annual income of -54,380 K. Last quarter, the company’s sales amounted to 43,020 K and its income totaled -12,280 K.