Trading Day Review: Geron Corp. (GERN) Gains Momentum, Closing at 3.55

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The price of Geron Corp. (NASDAQ: GERN) closed at $3.55 in the last session, up 2.31% from day before closing price of $3.47. In other words, the price has increased by $2.31 from its previous closing price. On the day, 10.7 million shares were traded. GERN stock price reached its highest trading level at $3.66 during the session, while it also had its lowest trading level at $3.5.


We take a closer look at GERN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.67 and its Current Ratio is at 3.67. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.04.

On April 29, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $10.

Needham reiterated its Buy rating for the stock on March 15, 2024, while the target price for the stock was revised from $4 to $5.

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 May 15 ’24 when LAWLIS V BRYAN sold 35,000 shares for $3.75 per share. The transaction valued at 131,250 led to the insider holds 0 shares of the business.

O’Farrell Elizabeth G. bought 6,607 shares of GERN for $15,064 on Aug 24 ’23. The Director now owns 7,407 shares after completing the transaction at $2.28 per share. On Aug 24 ’23, another insider, O’Farrell Elizabeth G., who serves as the Director of the company, bought 6,579 shares for $2.28 each. As a result, the insider paid 15,000 and bolstered with 26,220 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 2105622144 and an Enterprise Value of 1749100544. For the stock, the TTM Price-to-Sale (P/S) ratio is 4049.25 while its Price-to-Book (P/B) ratio in mrq is 6.09. Its current Enterprise Value per Revenue stands at 3363.655 whereas that against EBITDA is -8.348.

Stock Price History:

Over the past 52 weeks, GERN has reached a high of $4.30, while it has fallen to a 52-week low of $1.64. The 50-Day Moving Average of the stock is -1.12%, while the 200-Day Moving Average is calculated to be 43.81%.

Shares Statistics:

According to the various share statistics, GERN traded on average about 12.80M shares per day over the past 3-months and 7652920 shares per day over the past 10 days. A total of 544.91M shares are outstanding, with a floating share count of 500.20M. Insiders hold about 15.67% of the company’s shares, while institutions hold 58.54% stake in the company. Shares short for GERN as of 1715731200 were 53888364 with a Short Ratio of 4.21, compared to 1713139200 on 49415249. Therefore, it implies a Short% of Shares Outstanding of 53888364 and a Short% of Float of 9.140000500000001.

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