Market Recap: Cerus Corp. (CERS)’s Negative Momentum, Closing at 1.75

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The closing price of Cerus Corp. (NASDAQ: CERS) was $1.75 for the day, down -1.69% from the previous closing price of $1.78. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 0.92 million shares were traded. CERS stock price reached its highest trading level at $1.775 during the session, while it also had its lowest trading level at $1.69.


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 1.72 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 2.04 whereas as Long-Term Debt/Eq ratio is at 1.59.

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 May 13 ’24 when Shan Hua bought 2,500 shares for $1.99 per share. The transaction valued at 4,975 led to the insider holds 32,386 shares of the business.

NACHTSHEIM JAMI K bought 2,000 shares of CERS for $3,578 on May 10 ’24. The Director now owns 108,362 shares after completing the transaction at $1.79 per share. On May 09 ’24, another insider, Witney Frank, who serves as the Director of the company, bought 20,000 shares for $1.89 each. As a result, the insider paid 37,800 and bolstered with 180,059 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 323557504 and an Enterprise Value of 352774624. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 6.55. Its current Enterprise Value per Revenue stands at 2.154 whereas that against EBITDA is -20.086.

Stock Price History:

Over the past 52 weeks, CERS has reached a high of $3.08, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -3.04%, while the 200-Day Moving Average is calculated to be -3.29%.

Shares Statistics:

CERS traded an average of 1.44M shares per day over the past three months and 701140 shares per day over the past ten days. A total of 181.25M shares are outstanding, with a floating share count of 175.40M. Insiders hold about 5.14% of the company’s shares, while institutions hold 74.65% stake in the company. Shares short for CERS as of 1715731200 were 6013844 with a Short Ratio of 4.17, compared to 1713139200 on 5917086. Therefore, it implies a Short% of Shares Outstanding of 6013844 and a Short% of Float of 4.35.

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