CERo Therapeutics Holdings Inc. (CERO) Stock Observes -95.67% 200-Day Moving Average

The stock of CERo Therapeutics Holdings Inc. (CERO) has seen a 19.35% increase in the past week, with a -16.66% drop in the past month, and a -83.07% decrease in the past quarter. The volatility ratio for the week is 20.86%, and the volatility levels for the past 30 days are at 18.82% for CERO. The simple moving average for the past 20 days is 5.55% for CERO’s stock, with a -95.67% simple moving average for the past 200 days.

Is It Worth Investing in CERo Therapeutics Holdings Inc. (NASDAQ: CERO) Right Now?

The 36-month beta value for CERO is also noteworthy at -0.37.

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The public float for CERO is 9.65M, and at present, short sellers hold a 13.34% of that float. The average trading volume of CERO on July 26, 2024 was 3.96M shares.

CERO) stock’s latest price update

The stock price of CERo Therapeutics Holdings Inc. (NASDAQ: CERO) has dropped by -1.04 compared to previous close of 0.24. Despite this, the company has seen a gain of 19.35% in its stock price over the last five trading days. globenewswire.com reported 2024-06-13 that Company anticipates near term filing of Investigational New Drug Application to FDA SOUTH SAN FRANCISCO, Calif., June 13, 2024 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc. (Nasdaq: CERO) (“CERo”), an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announced it successfully executed pre-IND manufacturing activities for its lead therapeutic, CER-1236.

CERO Trading at -56.19% from the 50-Day Moving Average

After a stumble in the market that brought CERO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.14% of loss for the given period.

Volatility was left at 18.82%, however, over the last 30 days, the volatility rate increased by 20.86%, as shares sank -22.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -79.22% lower at present.

During the last 5 trading sessions, CERO rose by +18.00%, which changed the moving average for the period of 200-days by -97.81% in comparison to the 20-day moving average, which settled at $0.2227. In addition, CERo Therapeutics Holdings Inc. saw -97.83% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for CERO

Equity return is now at value -1708.01, with -33.39 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.47.

Conclusion

In summary, CERo Therapeutics Holdings Inc. (CERO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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