Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Geron Corp. (NASDAQ: GERN) closed the day trading at $3.79 up 6.46% from the previous closing price of $3.56. In other words, the price has increased by $6.46 from its previous closing price. On the day, 7.86 million shares were traded. GERN stock price reached its highest trading level at $3.835 during the session, while it also had its lowest trading level at $3.56.
Ratios:
For a better understanding of GERN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.16 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, Needham on March 15, 2024, Reiterated its Buy rating but revised its target price to $5 from $4 previously.
On September 12, 2023, Goldman Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $4.
On March 28, 2023, Goldman started tracking the stock assigning a Neutral rating and target price of $3.Goldman initiated its Neutral rating on March 28, 2023, with a $3 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 24 ’23 when O’Farrell Elizabeth G. bought 6,607 shares for $2.28 per share. The transaction valued at 15,064 led to the insider holds 7,407 shares of the business.
O’Farrell Elizabeth G. bought 6,579 shares of GERN for $15,000 on Aug 24 ’23. The Director now owns 26,220 shares after completing the transaction at $2.28 per share. On May 11 ’23, another insider, LAWLIS V BRYAN, who serves as the Director of the company, sold 35,000 shares for $3.00 each. As a result, the insider received 105,000 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 2231832320 and an Enterprise Value of 1821764736. For the stock, the TTM Price-to-Sale (P/S) ratio is 9286.45 while its Price-to-Book (P/B) ratio in mrq is 8.33. Its current Enterprise Value per Revenue stands at 7686.771 whereas that against EBITDA is -9.415.
Stock Price History:
Over the past 52 weeks, GERN has reached a high of $4.05, while it has fallen to a 52-week low of $1.64. The 50-Day Moving Average of the stock is 33.47%, while the 200-Day Moving Average is calculated to be 58.51%.
Shares Statistics:
Over the past 3-months, GERN traded about 12.81M shares per day on average, while over the past 10 days, GERN traded about 8847490 shares per day. A total of 544.91M shares are outstanding, with a floating share count of 479.35M. Insiders hold about 18.49% of the company’s shares, while institutions hold 51.14% stake in the company. Shares short for GERN as of 1713139200 were 49415249 with a Short Ratio of 3.86, compared to 1710460800 on 50949748. Therefore, it implies a Short% of Shares Outstanding of 49415249 and a Short% of Float of 8.44.
