Additionally, the 36-month beta value for CERO is -0.41.
The public float for CERO is 9.65M and currently, short sellers hold a 15.44% ratio of that float. The average trading volume of CERO on August 13, 2024 was 4.67M shares.
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CERO) stock’s latest price update
CERo Therapeutics Holdings Inc. (NASDAQ: CERO)’s stock price has gone rise by 1.19 in comparison to its previous close of 0.14, however, the company has experienced a 12.42% increase 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’s Market Performance
CERo Therapeutics Holdings Inc. (CERO) has seen a 12.42% rise in stock performance for the week, with a -25.82% decline in the past month and a -87.83% plunge in the past quarter. The volatility ratio for the week is 15.68%, and the volatility levels for the past 30 days are at 17.09% for CERO. The simple moving average for the last 20 days is -20.33% for CERO’s stock, with a simple moving average of -97.06% for the last 200 days.
CERO Trading at -58.63% 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 -98.87% of loss for the given period.
Volatility was left at 17.09%, however, over the last 30 days, the volatility rate increased by 15.68%, as shares sank -25.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -84.92% lower at present.
During the last 5 trading sessions, CERO rose by +12.42%, which changed the moving average for the period of 200-days by -98.66% in comparison to the 20-day moving average, which settled at $0.1793. In addition, CERo Therapeutics Holdings Inc. saw -98.68% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CERO
The total capital return value is set at 69.79. Equity return is now at value -1708.01, with -33.39 for asset returns.
Based on CERo Therapeutics Holdings Inc. (CERO), the company’s capital structure generated -4.28 points at debt to capital in total, while cash flow to debt ratio is standing at -5.34. The debt to equity ratio resting at -0.81. The interest coverage ratio of the stock is -716.04.
Currently, EBITDA for the company is -2.93 million with net debt to EBITDA at 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.47.
Conclusion
In conclusion, CERo Therapeutics Holdings Inc. (CERO) has seen bad 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.
