Cerecor Inc. (NASDAQ:CERC) went up by 6.91% from its latest closing price compared to the recent 1-year high of $4.50. The company’s stock price has collected 26.69% of gains in the last five trading sessions. Press Release reported on 06/07/21 that Cerecor Enters Into $35 Million Debt Financing Agreement With Horizon Technology Finance
Is It Worth Investing in Cerecor Inc. (NASDAQ :CERC) Right Now?
Plus, the 36-month beta value for CERC is at 1.57. Opinions of the stock are interesting as 4 analysts out of 4 who provided ratings for Cerecor Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $6.25. CERC currently public float of 39.29M and currently shorts hold a 6.58% ratio of that float. Today, the average trading volume of CERC was 1.80M shares.
CERC’s Market Performance
CERC stocks went up by 26.69% for the week, with a monthly jump of 40.16% and a quarterly performance of 13.02%, while its annual performance rate touched 26.24%. The volatility ratio for the week stands at 8.67% while the volatility levels for the past 30 days are set at 9.13% for Cerecor Inc.. The simple moving average for the period of the last 20 days is 35.03% for CERC stocks with a simple moving average of 29.20% for the last 200 days.
Analysts’ Opinion of CERC
Many brokerage firms have already submitted their reports for CERC stocks, with Cantor Fitzgerald repeating the rating for CERC by listing it as a “Overweight.” The predicted price for CERC in the upcoming period, according to Cantor Fitzgerald is $7 based on the research report published on June 04th of the current year 2021.
Jefferies, on the other hand, stated in their research note that they expect to see CERC reach a price target of $4. The rating they have provided for CERC stocks is “Buy” according to the report published on April 20th, 2021.
CERC Trading at 31.13% from the 50-Day Moving Average
After a stumble in the market that brought CERC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.89% of loss for the given period.
Volatility was left at 9.13%, however, over the last 30 days, the volatility rate increased by 8.67%, as shares surge +36.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.80% upper at present.
During the last 5 trading sessions, CERC rose by +26.69%, which changed the moving average for the period of 200-days by +39.06% in comparison to the 20-day moving average, which settled at $2.68. In addition, Cerecor Inc. saw 34.85% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CERC starting from ARMISTICE CAPITAL, LLC, who purchase 22,000 shares at the price of $2.33 back on May 18. After this action, ARMISTICE CAPITAL, LLC now owns 39,100,000 shares of Cerecor Inc., valued at $51,260 using the latest closing price.
ARMISTICE CAPITAL, LLC, the Director of Cerecor Inc., purchase 30,000 shares at $2.20 during a trade that took place back on May 17, which means that ARMISTICE CAPITAL, LLC is holding 39,078,000 shares at $66,000 based on the most recent closing price.
Stock Fundamentals for CERC
Current profitability levels for the company are sitting at:
- -706.02 for the present operating margin
- +69.53 for the gross margin
The net margin for Cerecor Inc. stands at -961.15. The total capital return value is set at -188.09, while invested capital returns managed to touch -259.05. Equity return is now at value -199.00, with -124.10 for asset returns.
Based on Cerecor Inc. (CERC), the company’s capital structure generated 14.11 points at debt to equity in total, while total debt to capital is 12.36. Total debt to assets is 7.92, with long-term debt to equity ratio resting at 12.37. Finally, the long-term debt to capital ratio is 10.84.
When we switch over and look at the enterprise to sales, we see a ratio of 23.97, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 1.39 and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.