Cerus Corp (CERS) is 2.69% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Monday, with Cerus Corp (NASDAQ: CERS) stock price down -3.74% from the previous day of trading, before settling in for the closing price of $1.87. CERS’s price has ranged from $1.38 to $2.59 over the past 52 weeks.

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Annual sales at Healthcare sector company grew by 15.18% over the past five years. Meanwhile, its annual earnings per share averaged 46.67%. With a float of $176.39 million, this company’s outstanding shares have now reached $185.63 million.

Let’s look at the performance matrix of the company that is accounted for 288 employees. 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 and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Cerus Corp is 5.02%, while institutional ownership is 82.86%. 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) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 46.67% per share during the next fiscal year.

Cerus Corp (NASDAQ: CERS) Trading Performance Indicators

Here are Cerus Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.90.

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)

Cerus Corp (NASDAQ: CERS) saw its 5-day average volume 1.66 million, a negative change from its year-to-date volume of 1.73 million. As of the previous 9 days, the stock’s Stochastic %D was 24.05%. Additionally, its Average True Range was 0.14.

During the past 100 days, Cerus Corp’s (CERS) raw stochastic average was set at 49.42%, which indicates a significant increase from 20.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.68% in the past 14 days, which was higher than the 66.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7528, while its 200-day Moving Average is $1.8678. Nevertheless, the first resistance level for the watch stands at $1.8667 in the near term. At $1.9333, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9767. If the price goes on to break the first support level at $1.7567, it is likely to go to the next support level at $1.7133. The third support level lies at $1.6467 if the price breaches the second support level.

Cerus Corp (NASDAQ: CERS) Key Stats

With a market capitalization of 334.29 million, the company has a total of 185,715K Shares Outstanding. Currently, annual sales are 186,800 K while annual income is -37,490 K. The company’s previous quarter sales were 50,660 K while its latest quarter income was -2,930 K.