In the past week, CERS stock has gone down by -9.31%, with a monthly decline of -22.15% and a quarterly plunge of -16.42%. The volatility ratio for the week is 5.61%, and the volatility levels for the last 30 days are 7.36% for Cerus Corp. The simple moving average for the past 20 days is -9.98% for CERS’s stock, with a -11.79% simple moving average for the past 200 days.
Is It Worth Investing in Cerus Corp. (NASDAQ: CERS) Right Now?
CERS has 36-month beta value of 1.29. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CERS is 171.95M, and currently, short sellers hold a 3.42% ratio of that float. The average trading volume of CERS on April 11, 2024 was 1.65M shares.
CERS) stock’s latest price update
The stock of Cerus Corp. (NASDAQ: CERS) has decreased by -8.82 when compared to last closing price of 1.87.Despite this, the company has seen a loss of -9.31% in its stock price over the last five trading days. The Motley Fool reported 2024-01-26 that Cathie Wood bought shares of Tesla, Ark 21Shares Bitcoin ETF, and Cerus on Thursday. Tesla shares plunged 12% on Thursday after a troublesome quarterly report.
Analysts’ Opinion of CERS
Stephens, on the other hand, stated in their research note that they expect to see CERS reach a price target of $3.75. The rating they have provided for CERS stocks is “Equal-Weight” according to the report published on January 17th, 2023.
BTIG Research gave a rating of “Buy” to CERS, setting the target price at $9 in the report published on October 08th of the previous year.
CERS Trading at -17.68% from the 50-Day Moving Average
After a stumble in the market that brought CERS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.64% of loss for the given period.
Volatility was left at 7.36%, however, over the last 30 days, the volatility rate increased by 5.61%, as shares sank -20.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.39% lower at present.
During the last 5 trading sessions, CERS fell by -9.04%, which changed the moving average for the period of 200-days by -28.75% in comparison to the 20-day moving average, which settled at $1.8725. In addition, Cerus Corp. saw -21.06% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CERS starting from Greenman William Mariner, who sale 63,611 shares at the price of $2.02 back on Mar 14 ’24. After this action, Greenman William Mariner now owns 3,181,281 shares of Cerus Corp., valued at $128,195 using the latest closing price.
Jayaraman Vivek K, the Chief Operating Officer of Cerus Corp., sale 26,794 shares at $1.97 during a trade that took place back on Mar 14 ’24, which means that Jayaraman Vivek K is holding 878,653 shares at $52,902 based on the most recent closing price.
Stock Fundamentals for CERS
Current profitability levels for the company are sitting at:
- -0.23 for the present operating margin
- 0.55 for the gross margin
The net margin for Cerus Corp. stands at -0.24. The total capital return value is set at -0.28. Equity return is now at value -62.35, with -18.03 for asset returns.
Based on Cerus Corp. (CERS), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at -0.52. The debt to equity ratio resting at 1.56. The interest coverage ratio of the stock is -4.37.
Currently, EBITDA for the company is -54.35 million with net debt to EBITDA at -2.89. When we switch over and look at the enterprise to sales, we see a ratio of 2.52. The receivables turnover for the company is 4.4for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.14.
Conclusion
To put it simply, Cerus Corp. (CERS) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others 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.
