The stock of Geron Corporation (GERN) has gone down by -3.89% for the week, with a -8.18% drop in the past month and a 5.11% rise in the past quarter. The volatility ratio for the week is 6.82%, and the volatility levels for the past 30 days are 4.98% for GERN. The simple moving average for the last 20 days is -10.12% for GERN stock, with a simple moving average of 6.23% for the last 200 days.
Is It Worth Investing in Geron Corporation (NASDAQ: GERN) Right Now?
Additionally, the 36-month beta value for GERN is 0.96.
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The public float for GERN is 380.57M and currently, short sellers hold a 6.46% ratio of that float. The average trading volume of GERN on March 17, 2023 was 8.91M shares.
GERN) stock’s latest price update
Geron Corporation (NASDAQ: GERN)’s stock price has decreased by -6.79 compared to its previous closing price of 2.65. Nevertheless, the company has seen a -3.89% plunge in its stock price over the last five trading sessions.
Analysts’ Opinion of GERN
The stock of Geron Corporation (GERN) has gone down by -3.89% for the week, with a -8.18% drop in the past month and a 5.11% rise in the past quarter. The volatility ratio for the week is 6.82%, and the volatility levels for the past 30 days are 4.98% for GERN. The simple moving average for the last 20 days is -10.12% for GERN stock, with a simple moving average of 6.23% for the last 200 days.
Analysts’ Opinion of GERN
Many brokerage firms have already submitted their reports for GERN stocks, with Wedbush repeating the rating for GERN by listing it as a “Outperform.” The predicted price for GERN in the upcoming period, according to Wedbush is $5 based on the research report published on October 28th of the previous year 2022.
B. Riley Securities, on the other hand, stated in their research note that they expect to see GERN reach a price target of $4. The rating they have provided for GERN stocks is “Buy” according to the report published on July 28th, 2022.
Robert W. Baird gave a rating of “Outperform” to GERN, setting the target price at $4 in the report published on November 02nd of the previous year.
GERN Trading at -16.77% from the 50-Day Moving Average
After a stumble in the market that brought GERN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.68% of loss for the given period.
Volatility was left at 4.98%, however, over the last 30 days, the volatility rate increased by 6.82%, as shares sank -8.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.10% lower at present.
During the last 5 trading sessions, GERN fell by -3.31%, which changed the moving average for the period of 200-days by +80.07% in comparison to the 20-day moving average, which settled at $2.74. In addition, Geron Corporation saw 2.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GERN starting from SCARLETT JOHN A, who sale 446,668 shares at the price of $3.00 back on Feb 10. After this action, SCARLETT JOHN A now owns 0 shares of Geron Corporation, valued at $1,340,004 using the latest closing price.
SCARLETT JOHN A, the Chairman, President and CEO of Geron Corporation, sale 446,666 shares at $3.03 during a trade that took place back on Feb 09, which means that SCARLETT JOHN A is holding 0 shares at $1,353,398 based on the most recent closing price.
Stock Fundamentals for GERN
Current profitability levels for the company are sitting at:
- -8183.70 for the present operating margin
- +43.79 for the gross margin
The net margin for Geron Corporation stands at -8335.39. Equity return is now at value -110.80, with -58.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 4.11.
Conclusion
In conclusion, Geron Corporation (GERN) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
