A new trading day began on Monday, with Geron Corp (NASDAQ: GERN) stock price down -1.66% from the previous day of trading, before settling in for the closing price of $3.01. GERN’s price has ranged from $1.64 to $5.34 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Healthcare Sector giant saw their annual sales surged by 72.04% over the last five years. Meanwhile, its annual earnings per share averaged 19.11%. With a float of $564.66 million, this company’s outstanding shares have now reached $603.10 million.
The firm has a total of 141 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Geron Corp is 6.59%, while institutional ownership is 78.57%. 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) 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 19.11% per share during the next fiscal year.
Geron Corp (NASDAQ: GERN) Trading Performance Indicators
Here are Geron Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 60.70.
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 -0.08 in one year’s time.
Technical Analysis of Geron Corp (GERN)
Analysing the last 5-days average volume posted by the [Geron Corp, GERN], we can find that recorded value of 6.08 million was lower than the volume posted last year of 10.42 million. As of the previous 9 days, the stock’s Stochastic %D was 46.74%. Additionally, its Average True Range was 0.16.
During the past 100 days, Geron Corp’s (GERN) raw stochastic average was set at 7.90%, which indicates a significant decrease from 20.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.93% in the past 14 days, which was higher than the 44.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.60, while its 200-day Moving Average is $4.10. Now, the first resistance to watch is $3.06. This is followed by the second major resistance level at $3.16. The third major resistance level sits at $3.23. If the price goes on to break the first support level at $2.89, it is likely to go to the next support level at $2.82. Should the price break the second support level, the third support level stands at $2.72.
Geron Corp (NASDAQ: GERN) Key Stats
With a market capitalization of 1.79 billion, the company has a total of 604,501K Shares Outstanding. Currently, annual sales are 240 K while annual income is -184,130 K. The company’s previous quarter sales were 28,270 K while its latest quarter income was -26,450 K.
