Cerus Corp. (NASDAQ: CERS) on Friday, soared 3.24% from the previous trading day, before settling in for the closing price of $1.70. Within the past 52 weeks, CERS’s price has moved between $1.21 and $3.08.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 16.80%. The company achieved an average annual earnings per share of 47.30%. With a float of $171.96 million, this company’s outstanding shares have now reached $181.25 million.
The extent of productivity of a business whose workforce counts for 288 workers is very important to gauge.
Cerus Corp. (CERS) Insider and Institutional Ownership
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Cerus Corp. is 5.14%, while institutional ownership is 74.41%. The most recent insider transaction that took place on Mar 14 ’24, was worth 128,195. In this transaction President and CEO of this company sold 63,611 shares at a rate of $2.02, taking the stock ownership to the 3,181,281 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Chief Operating Officer sold 26,794 for $1.97, making the entire transaction worth $52,902. This insider now owns 878,653 shares in total.
Cerus Corp. (CERS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.75 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 47.30% per share during the next fiscal year.
Cerus Corp. (NASDAQ: CERS) Trading Performance Indicators
Cerus Corp. (CERS) is currently performing well based on its current performance indicators. A quick ratio of 1.55 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.05 in one year’s time.
Technical Analysis of Cerus Corp. (CERS)
The latest stats from [Cerus Corp., CERS] show that its last 5-days average volume of 0.87 million was inferior to 1.58 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.58%. Additionally, its Average True Range was 0.15.
During the past 100 days, Cerus Corp.’s (CERS) raw stochastic average was set at 19.32%, which indicates a significant decrease from 25.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.64% in the past 14 days, which was lower than the 83.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0585, while its 200-day Moving Average is $1.9229. Now, the first resistance to watch is $1.8967. This is followed by the second major resistance level at $2.0433. The third major resistance level sits at $2.1267. If the price goes on to break the first support level at $1.6667, it is likely to go to the next support level at $1.5833. The third support level lies at $1.4367 if the price breaches the second support level.
Cerus Corp. (NASDAQ: CERS) Key Stats
Market capitalization of the company is 317.24 million based on 181,283K outstanding shares. Right now, sales total 186,800 K and income totals -37,490 K. The company made 53,340 K in profit during its latest quarter, and -1,330 K in sales during its previous quarter.
