A new trading day began on Tuesday, with Cerus Corp. (NASDAQ: CERS) stock price down -2.98% from the previous day of trading, before settling in for the closing price of $1.68. CERS’s price has ranged from $1.23 to $2.59 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 16.80%. Meanwhile, its annual earnings per share averaged 38.10%. With a float of $175.94 million, this company’s outstanding shares have now reached $181.25 million.
Considering the fact that the conglomerate employs 288 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 54.75%, operating margin of -19.49%, and the pretax margin is -14.1%.
Cerus Corp. (CERS) 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 Medical Devices Industry. The insider ownership of Cerus Corp. is 5.05%, while institutional ownership is 76.00%. The most recent insider transaction that took place on Sep 04 ’24, was worth 116,826. In this transaction Chief Financial Officer of this company sold 54,272 shares at a rate of $2.15, taking the stock ownership to the 536,093 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Chief Financial Officer sold 28,385 for $2.18, making the entire transaction worth $61,919. This insider now owns 590,365 shares in total.
Cerus Corp. (CERS) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.04 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 -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 38.10% per share during the next fiscal year.
Cerus Corp. (NASDAQ: CERS) Trading Performance Indicators
Here are Cerus Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Cerus Corp. (CERS)
Compared to the last year’s volume of 1.23 million, its volume of 2.7 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 50.94%. Additionally, its Average True Range was 0.12.
During the past 100 days, Cerus Corp.’s (CERS) raw stochastic average was set at 21.89%, which indicates a significant decrease from 43.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.24% in the past 14 days, which was higher than the 71.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9582, while its 200-day Moving Average is $1.9547. Nevertheless, the first resistance level for the watch stands at $1.6833 in the near term. At $1.7367, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7683. If the price goes on to break the first support level at $1.5983, it is likely to go to the next support level at $1.5667. Now, if the price goes above the second support level, the third support stands at $1.5133.
Cerus Corp. (NASDAQ: CERS) Key Stats
With a market capitalization of 302.04 million, the company has a total of 184,890K Shares Outstanding. Currently, annual sales are 186,800 K while annual income is -37,490 K. The company’s previous quarter sales were 50,520 K while its latest quarter income was -5,780 K.
