A new trading day began on Friday, with Geron Corp. (NASDAQ: GERN) stock price up 4.17% from the previous day of trading, before settling in for the closing price of $4.56. GERN’s price has ranged from $1.64 to $5.34 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 46.26%. Meanwhile, its annual earnings per share averaged -9.51%. With a float of $551.80 million, this company’s outstanding shares have now reached $602.80 million.
Let’s determine the extent of company efficiency that accounts for 141 employees. In terms of profitability, gross margin is -2113.26%, operating margin of -16559.94%, and the pretax margin is -15990.68%.
Geron Corp. (GERN) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Geron Corp. is 8.47%, while institutional ownership is 69.60%. The most recent insider transaction that took place on Jul 08 ’24, was worth 3,073,004. In this transaction EVP, Chief Operating Officer of this company sold 674,348 shares at a rate of $4.56, taking the stock ownership to the 0 shares. Before that another transaction happened on Jun 10 ’24, when Company’s EVP, Chief Medical Officer sold 287,900 for $4.63, making the entire transaction worth $1,334,129. This insider now owns 0 shares in total.
Geron Corp. (GERN) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.08 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 -9.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -16.08% drop over the previous five years of trading.
Geron Corp. (NASDAQ: GERN) Trading Performance Indicators
Here are Geron Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2090.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.15 in one year’s time.
Technical Analysis of Geron Corp. (GERN)
Looking closely at Geron Corp. (NASDAQ: GERN), its last 5-days average volume was 6.63 million, which is a drop from its year-to-date volume of 11.03 million. As of the previous 9 days, the stock’s Stochastic %D was 63.41%. Additionally, its Average True Range was 0.21.
During the past 100 days, Geron Corp.’s (GERN) raw stochastic average was set at 72.04%, which indicates a significant decrease from 90.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.61% in the past 14 days, which was lower than the 59.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.57, while its 200-day Moving Average is $3.25. However, in the short run, Geron Corp.’s stock first resistance to watch stands at $4.84. Second resistance stands at $4.94. The third major resistance level sits at $5.08. If the price goes on to break the first support level at $4.60, it is likely to go to the next support level at $4.46. Now, if the price goes above the second support level, the third support stands at $4.36.
Geron Corp. (NASDAQ: GERN) Key Stats
With a market capitalization of 2.86 billion, the company has a total of 593,133K Shares Outstanding. Currently, annual sales are 240 K while annual income is -184,130 K. The company’s previous quarter sales were 880 K while its latest quarter income was -67,380 K.
