Cerus Corp (NASDAQ: CERS) kicked off on Friday, down -3.18% from the previous trading day, before settling in for the closing price of $1.57. Over the past 52 weeks, CERS has traded in a range of $1.33-$2.59.
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A company in the Healthcare sector has jumped its sales by 16.80% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 45.71%. With a float of $176.34 million, this company’s outstanding shares have now reached $181.25 million.
In an organization with 288 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 55.3%, operating margin of -16.37%, and the pretax margin is -11.13%.
Cerus Corp (CERS) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Cerus Corp is 5.05%, while institutional ownership is 75.10%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 45.71% per share during the next fiscal year.
Cerus Corp (NASDAQ: CERS) Trading Performance Indicators
Take a look at Cerus Corp’s (CERS) current performance indicators. Last quarter, stock had a quick ratio of 1.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Cerus Corp (CERS)
Let’s dig in a bit further. During the last 5-days, its volume was 2.56 million. That was better than the volume of 1.27 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.58%. Additionally, its Average True Range was 0.13.
During the past 100 days, Cerus Corp’s (CERS) raw stochastic average was set at 12.45%, which indicates a significant decrease from 28.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.67% in the past 14 days, which was lower than the 71.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8682, while its 200-day Moving Average is $1.9470. However, in the short run, Cerus Corp’s stock first resistance to watch stands at $1.5800. Second resistance stands at $1.6400. The third major resistance level sits at $1.6700. If the price goes on to break the first support level at $1.4900, it is likely to go to the next support level at $1.4600. The third support level lies at $1.4000 if the price breaches the second support level.
Cerus Corp (NASDAQ: CERS) Key Stats
The company with the Market Capitalisation of 273.30 million has total of 185,297K Shares Outstanding. Its annual sales at the moment are 186,800 K in contrast with the sum of -37,490 K annual income. Company’s last quarter sales were recorded 50,520 K and last quarter income was -5,780 K.
