Cerus Corp (NASDAQ:CERS) shares, rose in value on Wednesday, March 26, with the stock price down by -4.03% to the previous day’s close as strong demand from buyers drove the stock to $1.43.
Actively observing the price movement in the last trading, the stock closed the session at $1.49, falling within a range of $1.4 and $1.48. The value of beta (5-year monthly) was 1.557. Referring to stock’s 52-week performance, its high was $2.54, and the low was $1.38. On the whole, CERS has fluctuated by -12.27% over the past month.
With the market capitalization of Cerus Corp currently standing at about $265.68 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 214.27M, with a low estimate of 43.42M and a high estimate of 49.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 47.44M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CERS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CERS currently trading nearly -5.39% and -15.58% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.99, while the 7-day volatility ratio is showing 5.37% which for the 30-day chart, stands at 6.02%. Furthermore, Cerus Corp (CERS)’s beta value is 1.69, and its average true range (ATR) is 0.09.
A comparison of Cerus Corp (CERS) with its peers suggests the former has fared considerably weaker in the market. CERS showed an intraday change of -4.03% in last session, and over the past year, it shrunk by -23.12%%.
Data on historical trading for Cerus Corp (NASDAQ:CERS) indicates that the trading volumes over the past 10 days have averaged 1.68 and over the past 3 months, they’ve averaged 1.52 million. According to company’s latest data on outstanding shares, there are 185.77 million shares outstanding.
Nearly 6.52% of Cerus Corp’s shares belong to company insiders and institutional investors own 76.29% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.24 million shares as on 2025-03-14, resulting in a short ratio of 6.86. According to the data, the short interest in Cerus Corp (CERS) stood at 735.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 9.31 million. The stock has fallen by -7.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CERS stock heading into the next quarter.
