On Monday, Cerus Corp (NASDAQ: CERS) opened higher 3.24% from the last session, before settling in for the closing price of $1.85. Price fluctuations for CERS have ranged from $1.38 to $2.59 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 16.80% over the past five years. Company’s average yearly earnings per share was noted 45.71% at the time writing. With a float of $176.34 million, this company’s outstanding shares have now reached $185.63 million.
Let’s look at the performance matrix of the company that is accounted for 288 employees. 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
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Cerus Corp is 5.05%, while institutional ownership is 79.24%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.02) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
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
Check out the current performance indicators for Cerus Corp (CERS). In the past quarter, the stock posted a quick ratio of 1.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.05.
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)
Cerus Corp (NASDAQ: CERS) saw its 5-day average volume 1.07 million, a negative change from its year-to-date volume of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 79.78%. Additionally, its Average True Range was 0.11.
During the past 100 days, Cerus Corp’s (CERS) raw stochastic average was set at 45.92%, which indicates a significant decrease from 76.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.77% in the past 14 days, which was lower than the 71.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7404, while its 200-day Moving Average is $1.9203. Nevertheless, the first resistance level for the watch stands at $1.9600 in the near term. At $2.0100, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0700. If the price goes on to break the first support level at $1.8500, it is likely to go to the next support level at $1.7900. The third support level lies at $1.7400 if the price breaches the second support level.
Cerus Corp (NASDAQ: CERS) Key Stats
There are currently 185,715K shares outstanding in the company with a market cap of 360.56 million. Presently, the company’s annual sales total 186,800 K according to its annual income of -37,490 K. Last quarter, the company’s sales amounted to 50,660 K and its income totaled -2,930 K.
