Cerus Corp. (NASDAQ: CERS) on Tuesday, soared 1.69% from the previous trading day, before settling in for the closing price of $1.77. Within the past 52 weeks, CERS’s price has moved between $1.21 and $3.08.
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Healthcare Sector giant saw their annual sales surged by 16.80% over the last five years. The company achieved an average annual earnings per share of 32.38%. With a float of $175.89 million, this company’s outstanding shares have now reached $181.25 million.
The firm has a total of 288 workers. Let’s measure their productivity.
Cerus Corp. (CERS) Breakdown of a Key Holders of the stock
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Cerus Corp. is 4.87%, while institutional ownership is 74.75%. The most recent insider transaction that took place on May 13 ’24, was worth 4,975. In this transaction Director of this company bought 2,500 shares at a rate of $1.99, taking the stock ownership to the 32,386 shares. Before that another transaction happened on May 10 ’24, when Company’s Director bought 2,000 for $1.79, making the entire transaction worth $3,578. This insider now owns 108,362 shares in total.
Cerus Corp. (CERS) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 32.38% 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 1.72 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 -0.17, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Cerus Corp. (CERS)
Analysing the last 5-days average volume posted by the [Cerus Corp., CERS], we can find that recorded value of 0.59 million was lower than the volume posted last year of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 27.38%. Additionally, its Average True Range was 0.12.
During the past 100 days, Cerus Corp.’s (CERS) raw stochastic average was set at 21.11%, which indicates a significant increase from 18.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.31% in the past 14 days, which was lower than the 80.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7992, while its 200-day Moving Average is $1.8073. Now, the first resistance to watch is $1.8300. This is followed by the second major resistance level at $1.8600. The third major resistance level sits at $1.9200. If the price goes on to break the first support level at $1.7400, it is likely to go to the next support level at $1.6800. Now, if the price goes above the second support level, the third support stands at $1.6500.
Cerus Corp. (NASDAQ: CERS) Key Stats
Market capitalization of the company is 332.80 million based on 184,890K outstanding shares. Right now, sales total 186,800 K and income totals -37,490 K. The company made 43,400 K in profit during its latest quarter, and -9,690 K in sales during its previous quarter.
