Geron Corporation (GERN) Decline -2.54% in Day Trading, Closes at $3.07

The closing price of Geron Corporation (NASDAQ: GERN) was $3.07 for the day, down -2.54% from the previous closing price of $3.15. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 6277514 shares were traded. GERN stock price reached its highest trading level at $3.2300 during the session, while it also had its lowest trading level at $3.0200.

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Our analysis of GERN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.80 and its Current Ratio is at 8.80. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.16.

Upgrades & Downgrades

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 11 when LAWLIS V BRYAN sold 35,000 shares for $3.00 per share. The transaction valued at 105,000 led to the insider holds 0 shares of the business.

Molineaux Susan sold 35,000 shares of GERN for $86,800 on May 01. The Director now owns 0 shares after completing the transaction at $2.48 per share. On Feb 10, another insider, SCARLETT JOHN A, who serves as the Chairman, President and CEO of the company, sold 446,668 shares for $3.00 each. As a result, the insider received 1,340,004 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GERN now has a Market Capitalization of 1.58B and an Enterprise Value of 1.46B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3022.35 while its Price-to-Book (P/B) ratio in mrq is 5.12. Its current Enterprise Value per Revenue stands at 2.96k whereas that against EBITDA is -10.31.

Stock Price History:

Over the past 52 weeks, GERN has reached a high of $3.84, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is 2.4922, while the 200-Day Moving Average is calculated to be 2.5198.

Shares Statistics:

GERN traded an average of 5.61M shares per day over the past three months and 5.93M shares per day over the past ten days. A total of 544.46M shares are outstanding, with a floating share count of 380.57M. Insiders hold about 0.10% of the company’s shares, while institutions hold 50.50% stake in the company. Shares short for GERN as of Apr 27, 2023 were 23.61M with a Short Ratio of 23.61M, compared to 24.55M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.64% and a Short% of Float of 4.66%.

Earnings Estimates

The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.11, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.09 and low estimates of -$0.12.

Analysts are recommending an EPS of between -$0.34 and -$0.44 for the fiscal current year, implying an average EPS of -$0.38. EPS for the following year is -$0.31, with 5 analysts recommending between -$0.23 and -$0.37.

Revenue Estimates

A total of 5 analysts have provided revenue estimates for GERN’s current fiscal year. The highest revenue estimate was $470k, while the lowest revenue estimate was $20k, resulting in an average revenue estimate of $180k. In the same quarter a year ago, actual revenue was $596k, down -69.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $103.01M in the next fiscal year. The high estimate is $199.07M and the low estimate is $40.27M. The average revenue growth estimate for next year is up 57,127.80% from the average revenue estimate for this year.