Cerus Corp. (CERS) 14-day ATR is 0.14: This Stock is Set to Soar Above its Peers

As on Wednesday, Cerus Corp. (NASDAQ: CERS) started slowly as it slid -2.38% to $1.64, before settling in for the price of $1.68 at the close. Taking a more long-term approach, CERS posted a 52-week range of $1.21-$3.08.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 16.80%. Meanwhile, its Annual Earning per share during the time was 13.81%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 47.30%. This publicly-traded company’s shares outstanding now amounts to $181.25 million, simultaneously with a float of $171.96 million. The organization now has a market capitalization sitting at $297.30 million. At the time of writing, stock’s 50-day Moving Average stood at $2.0435, while the 200-day Moving Average is $1.9114.

Cerus Corp. (CERS) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Medical Devices industry. Cerus Corp.’s current insider ownership accounts for 5.14%, in contrast to 74.40% institutional ownership. According to the most recent insider trade that took place on Mar 14 ’24, this organization’s President and CEO sold 63,611 shares at the rate of 2.02, making the entire transaction reach 128,195 in total value, affecting insider ownership by 3,181,281. Preceding that transaction, on Mar 14 ’24, Company’s Chief Operating Officer sold 26,794 for 1.97, making the whole transaction’s value amount to 52,902. This particular insider is now the holder of 878,653 in total.

Cerus Corp. (CERS) Earnings and Revenue Records

Cerus Corp.’s EPS increase for this current 12-month fiscal period is 47.30% and is forecasted to reach -0.05 in the upcoming year.

Cerus Corp. (NASDAQ: CERS) Trading Performance Indicators

Let’s observe the current performance indicators for Cerus Corp. (CERS). It’s Quick Ratio in the last reported quarter now stands at 1.55. The Stock has managed to achieve an average true range (ATR) of 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.90.

In the same vein, CERS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.21, a figure that is expected to reach -0.05 in the next quarter, and analysts are predicting that it will be -0.05 at the market close of one year from today.

Technical Analysis of Cerus Corp. (CERS)

Through scrutinizing the latest numbers posted by the [Cerus Corp., CERS], it can be observed that its last 5-days Average volume of 1.1 million was lower the volume of 1.56 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 9.30% While, its Average True Range was 0.1349.

Raw Stochastic average of Cerus Corp. (CERS) in the period of the previous 100 days is set at 8.70%, which indicates a major rise in contrast to 2.78% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 62.01% that was lower than 83.46% volatility it exhibited in the past 100-days period.