For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Cerus Corp. (NASDAQ: CERS) was $1.62 for the day, down -7.95% from the previous closing price of $1.76. In other words, the price has decreased by -$7.95 from its previous closing price. On the day, 2.5 million shares were traded. CERS stock price reached its highest trading level at $2.0 during the session, while it also had its lowest trading level at $1.62.
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 1.72 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 Mar 14 ’24 when Greenman William Mariner sold 63,611 shares for $2.02 per share. The transaction valued at 128,195 led to the insider holds 3,181,281 shares of the business.
Jayaraman Vivek K sold 26,794 shares of CERS for $52,902 on Mar 14 ’24. The Chief Operating Officer now owns 878,653 shares after completing the transaction at $1.97 per share. On Mar 14 ’24, another insider, Green Kevin Dennis, who serves as the Chief Financial Officer of the company, sold 21,497 shares for $1.97 each. As a result, the insider received 42,444 and left with 618,750 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 299521792 and an Enterprise Value of 328738912. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 6.06. Its current Enterprise Value per Revenue stands at 2.007 whereas that against EBITDA is -18.718.
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 -15.25%, while the 200-Day Moving Average is calculated to be -13.54%.
Shares Statistics:
CERS traded an average of 1.57M shares per day over the past three months and 839010 shares per day over the past ten days. A total of 181.25M shares are outstanding, with a floating share count of 175.38M. Insiders hold about 5.14% of the company’s shares, while institutions hold 73.69% stake in the company. Shares short for CERS as of 1713139200 were 5917086 with a Short Ratio of 3.78, compared to 1710460800 on 5067655. Therefore, it implies a Short% of Shares Outstanding of 5917086 and a Short% of Float of 4.279999999999999.
