$1.52M in average volume shows that Cerus Corp (CERS) is heading in the right direction

On Monday, Cerus Corp (NASDAQ: CERS) was 5.26% up from the session before settling in for the closing price of $1.71. A 52-week range for CERS has been $1.38 – $2.59.

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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%. When this article was written, the company’s average yearly earnings per share was at 45.71%. With a float of $176.36 million, this company’s outstanding shares have now reached $185.63 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 55.3%, operating margin of -16.37%, and the pretax margin is -11.13%.

Cerus Corp (CERS) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cerus Corp stocks. The insider ownership of Cerus Corp is 5.04%, while institutional ownership is 79.28%. The most recent insider transaction that took place on Dec 12 ’24, was worth 35,700. In this transaction Director of this company sold 20,000 shares at a rate of $1.78, taking the stock ownership to the 162,133 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Chief Legal Officer sold 16,667 for $1.71, making the entire transaction worth $28,501. This insider now owns 457,578 shares in total.

Cerus Corp (CERS) Earnings and Forecasts

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

You can see what Cerus Corp (CERS) is doing with its current performance indicators. In the most recent 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 1.82.

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)

Compared to the last year’s volume of 1.27 million, its volume of 0.89 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 32.34%. Additionally, its Average True Range was 0.11.

During the past 100 days, Cerus Corp’s (CERS) raw stochastic average was set at 36.48%, which indicates a significant decrease from 45.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.72% in the past 14 days, which was lower than the 70.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7482, while its 200-day Moving Average is $1.8973. Nevertheless, the first resistance level for the watch stands at $1.8617 in the near term. At $1.9233, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0167. If the price goes on to break the first support level at $1.7067, it is likely to go to the next support level at $1.6133. Should the price break the second support level, the third support level stands at $1.5517.

Cerus Corp (NASDAQ: CERS) Key Stats

There are 185,715K outstanding shares of the company, which has a market capitalization of 321.14 million. As of now, sales total 186,800 K while income totals -37,490 K. Its latest quarter income was 50,660 K while its last quarter net income were -2,930 K.