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Geron Corp. (NASDAQ: GERN) closed the day trading at $3.95 down -3.42% from the previous closing price of $4.09. In other words, the price has decreased by -$3.42 from its previous closing price. On the day, 7.31 million shares were traded. GERN stock price reached its highest trading level at $4.09 during the session, while it also had its lowest trading level at $3.92.
Ratios:
For a better understanding of GERN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 3.61. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.13.
On September 09, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $7.
Robert W. Baird Downgraded its Outperform to Neutral on April 30, 2024, while the target price for the stock was maintained at $4.50.
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 Jul 08 ’24 when GRETHLEIN ANDREW J sold 674,348 shares for $4.56 per share. The transaction valued at 3,073,004 led to the insider holds 0 shares of the business.
Feller Faye sold 287,900 shares of GERN for $1,334,129 on Jun 10 ’24. The EVP, Chief Medical Officer now owns 0 shares after completing the transaction at $4.63 per share. On Jun 10 ’24, another insider, Kapur Anil, who serves as the EVP, Corp Strategy & CCO of the company, sold 421,875 shares for $4.64 each. As a result, the insider received 1,959,609 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 2381044480 and an Enterprise Value of 2189741824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1738.00 while its Price-to-Book (P/B) ratio in mrq is 7.74. Its current Enterprise Value per Revenue stands at 1594.859 whereas that against EBITDA is -9.656.
Stock Price History:
Over the past 52 weeks, GERN has reached a high of $5.34, while it has fallen to a 52-week low of $1.64. The 50-Day Moving Average of the stock is -10.59%, while the 200-Day Moving Average is calculated to be 8.18%.
Shares Statistics:
Over the past 3-months, GERN traded about 8.80M shares per day on average, while over the past 10 days, GERN traded about 7807510 shares per day. A total of 602.80M shares are outstanding, with a floating share count of 552.62M. Insiders hold about 8.32% of the company’s shares, while institutions hold 69.63% stake in the company. Shares short for GERN as of 1727654400 were 81026444 with a Short Ratio of 9.21, compared to 1724976000 on 67138076. Therefore, it implies a Short% of Shares Outstanding of 81026444 and a Short% of Float of 13.520001.
