Geron Corp (NASDAQ: GERN) on Friday, soared 1.52% from the previous trading day, before settling in for the closing price of $3.30. Within the past 52 weeks, GERN’s price has moved between $1.64 and $5.34.
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A company in the Healthcare sector has jumped its sales by 46.26% annually for the last half of the decade. The company achieved an average annual earnings per share of 18.76%. With a float of $564.66 million, this company’s outstanding shares have now reached $603.10 million.
In an organization with 141 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 96.53%, operating margin of -705.46%, and the pretax margin is -682.48%.
Geron Corp (GERN) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Geron Corp is 6.59%, while institutional ownership is 78.41%. The most recent insider transaction that took place on Jul 08 ’24, was worth 3,073,004. In this transaction EVP, Chief Operating Officer of this company sold 674,348 shares at a rate of $4.56, taking the stock ownership to the 0 shares. Before that another transaction happened on Jun 10 ’24, when Company’s EVP, Chief Medical Officer sold 287,900 for $4.63, making the entire transaction worth $1,334,129. This insider now owns 0 shares in total.
Geron Corp (GERN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -16.08% drop over the previous five years of trading.
Geron Corp (NASDAQ: GERN) Trading Performance Indicators
Geron Corp (GERN) is currently performing well based on its current performance indicators. A quick ratio of 2.74 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 69.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.32, 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 Geron Corp (GERN)
Let’s dig in a bit further. During the last 5-days, its volume was 21.13 million. That was better than the volume of 10.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.79%. Additionally, its Average True Range was 0.17.
During the past 100 days, Geron Corp’s (GERN) raw stochastic average was set at 9.15%, which indicates a significant decrease from 16.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.06% in the past 14 days, which was lower than the 42.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.95, while its 200-day Moving Average is $4.10. However, in the short run, Geron Corp’s stock first resistance to watch stands at $3.43. Second resistance stands at $3.52. The third major resistance level sits at $3.63. If the price goes on to break the first support level at $3.23, it is likely to go to the next support level at $3.12. The third support level lies at $3.03 if the price breaches the second support level.
Geron Corp (NASDAQ: GERN) Key Stats
Market capitalization of the company is 2.06 billion based on 604,501K outstanding shares. Right now, sales total 240 K and income totals -184,130 K. The company made 28,270 K in profit during its latest quarter, and -26,450 K in sales during its previous quarter.
