Certara Inc (NASDAQ:CERT) shares, rose in value on Thursday, March 27, with the stock price down by -0.30% to the previous day’s close as strong demand from buyers drove the stock to $10.12.
Actively observing the price movement in the last trading, the stock closed the session at $10.15, falling within a range of $9.92 and $10.22. The value of beta (5-year monthly) was 1.603. Referring to stock’s 52-week performance, its high was $19.18, and the low was $9.41. On the whole, CERT has fluctuated by -17.92% over the past month.
With the market capitalization of Certara Inc currently standing at about $1.63 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 421.13M, with a low estimate of 102.3M and a high estimate of 109M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 104.84M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CERT’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 50% Buy 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 CERT currently trading nearly -8.33% and -18.54% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 28.68, while the 7-day volatility ratio is showing 4.82% which for the 30-day chart, stands at 5.23%. Furthermore, Certara Inc (CERT)’s beta value is 1.63, and its average true range (ATR) is 0.56.
A comparison of Certara Inc (CERT) with its peers suggests the former has fared considerably weaker in the market. CERT showed an intraday change of -0.30% in last session, and over the past year, it shrunk by -40.19%%.
Data on historical trading for Certara Inc (NASDAQ:CERT) indicates that the trading volumes over the past 10 days have averaged 1.2 and over the past 3 months, they’ve averaged 1.30 million. According to company’s latest data on outstanding shares, there are 161.01 million shares outstanding.
Nearly 24.86% of Certara Inc’s shares belong to company insiders and institutional investors own 73.05% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.91 million shares as on 2025-03-14, resulting in a short ratio of 3.96. According to the data, the short interest in Certara Inc (CERT) stood at 488.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 6.17 million. The stock has fallen by -4.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CERT stock heading into the next quarter.
