Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of Cerus Corp (NASDAQ: CERS) was $1.56 for the day, down -6.02% from the previous closing price of $1.66. In other words, the price has decreased by -$6.02 from its previous closing price. On the day, 1.79 million shares were traded. CERS stock price reached its highest trading level at $1.65 during the session, while it also had its lowest trading level at $1.52.
Ratios:
Our analysis of CERS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 1.83 whereas as Long-Term Debt/Eq ratio is at 1.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on April 12, 2024, initiated with a Buy rating and assigned the stock a target price of $5.
Stephens Downgraded its Overweight to Equal-Weight on January 17, 2023, while the target price for the stock was maintained at $3.75.
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 Dec 12 ’24 when BJERKHOLT ERIC sold 20,000 shares for $1.78 per share. The transaction valued at 35,700 led to the insider holds 162,133 shares of the business.
Jensen Chrystal sold 16,667 shares of CERS for $28,501 on Dec 16 ’24. The Chief Legal Officer now owns 457,578 shares after completing the transaction at $1.71 per share. On Dec 16 ’24, another insider, CHRYSTAL NIKOLE JENSEN, who serves as the Officer of the company, bought 16,667 shares for $1.72 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CERS now has a Market Capitalization of 289715392 and an Enterprise Value of 312841056. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 5.41. Its current Enterprise Value per Revenue stands at 1.775 whereas that against EBITDA is -32.486.
Stock Price History:
Over the past 52 weeks, CERS has reached a high of $2.59, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is -9.17%, while the 200-Day Moving Average is calculated to be -16.74%.
Shares Statistics:
CERS traded an average of 1.55M shares per day over the past three months and 1332640 shares per day over the past ten days. A total of 185.63M shares are outstanding, with a floating share count of 176.39M. Insiders hold about 5.02% of the company’s shares, while institutions hold 79.28% stake in the company. Shares short for CERS as of 1734048000 were 6711802 with a Short Ratio of 4.34, compared to 1731628800 on 6921322. Therefore, it implies a Short% of Shares Outstanding of 6711802 and a Short% of Float of 4.82.
