Cerus Corp (CERS) kicked off at the price of $1.81: Venture capitalists have an exciting new opportunity

On Tuesday, Cerus Corp (NASDAQ: CERS) opened higher 1.12% from the last session, before settling in for the closing price of $1.79. Price fluctuations for CERS have ranged from $1.38 to $2.59 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 16.80% over the last 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.

The firm has a total of 288 workers. Let’s measure their productivity. In terms of profitability, gross margin is 55.3%, operating margin of -16.37%, and the pretax margin is -11.13%.

Cerus Corp (CERS) Breakdown of a Key Holders of the stock

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 79.28%. 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

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 1.91.

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)

Analysing the last 5-days average volume posted by the [Cerus Corp, CERS], we can find that recorded value of 1.1 million was lower than the volume posted last year of 1.28 million. As of the previous 9 days, the stock’s Stochastic %D was 33.33%. Additionally, its Average True Range was 0.11.

During the past 100 days, Cerus Corp’s (CERS) raw stochastic average was set at 37.34%, which indicates a significant decrease from 56.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.23% in the past 14 days, which was lower than the 70.68% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7416, while its 200-day Moving Average is $1.9060. Now, the first resistance to watch is $1.8533. This is followed by the second major resistance level at $1.8967. The third major resistance level sits at $1.9433. If the price goes on to break the first support level at $1.7633, it is likely to go to the next support level at $1.7167. Now, if the price goes above the second support level, the third support stands at $1.6733.

Cerus Corp (NASDAQ: CERS) Key Stats

There are currently 185,715K shares outstanding in the company with a market cap of 336.14 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.