Cerus Corp (CERS) average volume reaches $1.59M: Is Wall Street expecting a rally?

Cerus Corp (NASDAQ: CERS) on Friday, plunged -3.07% from the previous trading day, before settling in for the closing price of $1.63. Within the past 52 weeks, CERS’s price has moved between $1.38 and $2.59.

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Healthcare Sector giant saw their annual sales surged by 15.18% over the last five years. The company achieved an average annual earnings per share of 45.71%. With a float of $176.39 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) Insider Activity

Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Cerus Corp is 5.02%, while institutional ownership is 79.30%. The most recent insider transaction that took place on Dec 13 ’24, was worth 2,932. In this transaction Director of this company bought 1,725 shares at a rate of $1.70, taking the stock ownership to the 61,725 shares. Before that another transaction happened on Dec 12 ’24, when Company’s Director sold 20,000 for $1.78, making the entire transaction worth $35,700. This insider now owns 162,133 shares in total.

Cerus Corp (CERS) Earnings and Forecasts

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

Cerus Corp (CERS) is currently performing well based on its current performance indicators. A quick ratio of 1.92 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 1.67.

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 1.44 million was lower than the volume posted last year of 1.47 million. As of the previous 9 days, the stock’s Stochastic %D was 43.59%. Additionally, its Average True Range was 0.10.

During the past 100 days, Cerus Corp’s (CERS) raw stochastic average was set at 20.20%, which indicates a significant decrease from 30.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.80% in the past 14 days, which was lower than the 63.81% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7098, while its 200-day Moving Average is $1.8615. Now, the first resistance to watch is $1.6333. This is followed by the second major resistance level at $1.6867. The third major resistance level sits at $1.7483. If the price goes on to break the first support level at $1.5183, it is likely to go to the next support level at $1.4567. Should the price break the second support level, the third support level stands at $1.4033.

Cerus Corp (NASDAQ: CERS) Key Stats

Market capitalization of the company is 293.43 million based on 185,715K outstanding shares. Right now, sales total 186,800 K and income totals -37,490 K. The company made 50,660 K in profit during its latest quarter, and -2,930 K in sales during its previous quarter.