Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Cerus Corp (NASDAQ: CERS) was $2.12 for the day, down -1.40% from the previous closing price of $2.15. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 2.72 million shares were traded. CERS stock price reached its highest trading level at $2.235 during the session, while it also had its lowest trading level at $2.05.
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 13 ’24 when Gregory Dean A. bought 1,725 shares for $1.70 per share. The transaction valued at 2,932 led to the insider holds 61,725 shares of the business.
BJERKHOLT ERIC sold 20,000 shares of CERS for $35,700 on Dec 12 ’24. The Director now owns 162,133 shares after completing the transaction at $1.78 per share. On Dec 16 ’24, another insider, Jensen Chrystal, who serves as the Chief Legal Officer of the company, sold 16,667 shares for $1.71 each. As a result, the insider received 28,501 and left with 457,578 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, CERS now has a Market Capitalization of 393715808 and an Enterprise Value of 416841664. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 7.36. Its current Enterprise Value per Revenue stands at 2.365 whereas that against EBITDA is -43.286.
Stock Price History:
The Beta on a monthly basis for CERS is 1.29, which has changed by 0.17127073 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. 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 21.70%, while the 200-Day Moving Average is calculated to be 13.73%.
Shares Statistics:
CERS traded an average of 1.55M shares per day over the past three months and 2035650 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 79.37% stake in the company. Shares short for CERS as of 1736899200 were 8716868 with a Short Ratio of 5.64, compared to 1734048000 on 6711802. Therefore, it implies a Short% of Shares Outstanding of 8716868 and a Short% of Float of 6.2700000000000005.
