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The price of Cerus Corp (NASDAQ: CERS) closed at $1.79 in the last session, up 0.56% from day before closing price of $1.78. In other words, the price has increased by $0.56 from its previous closing price. On the day, 1.1 million shares were traded. CERS stock price reached its highest trading level at $1.87 during the session, while it also had its lowest trading level at $1.78.
Ratios:
We take a closer look at CERS’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 04 ’24 when Green Kevin Dennis sold 54,272 shares for $2.15 per share. The transaction valued at 116,826 led to the insider holds 536,093 shares of the business.
Green Kevin Dennis sold 28,385 shares of CERS for $61,919 on Sep 03 ’24. The Chief Financial Officer now owns 590,365 shares after completing the transaction at $2.18 per share. On Sep 04 ’24, another insider, KEVIN D GREEN, who serves as the Officer of the company, bought 54,272 shares for $2.15 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 332429856 and an Enterprise Value of 355555584. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 6.21. Its current Enterprise Value per Revenue stands at 2.018 whereas that against EBITDA is -36.922.
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 2.86%, while the 200-Day Moving Average is calculated to be -6.18%.
Shares Statistics:
According to the various share statistics, CERS traded on average about 1.50M shares per day over the past 3-months and 1096600 shares per day over the past 10 days. A total of 185.63M shares are outstanding, with a floating share count of 176.34M. Insiders hold about 5.05% of the company’s shares, while institutions hold 79.28% stake in the company. Shares short for CERS as of 1731628800 were 6921322 with a Short Ratio of 4.62, compared to 1728950400 on 7351334. Therefore, it implies a Short% of Shares Outstanding of 6921322 and a Short% of Float of 4.97.
