Geron Corp (NASDAQ:GERN) shares, rose in value on Thursday, March 27, with the stock price down by -2.94% to the previous day’s close as strong demand from buyers drove the stock to $1.65.
Actively observing the price movement in the last trading, the stock closed the session at $1.70, falling within a range of $1.65 and $1.735. The value of beta (5-year monthly) was 0.532. Referring to stock’s 52-week performance, its high was $5.34, and the low was $1.46. On the whole, GERN has fluctuated by 2.48% over the past month.
With the market capitalization of Geron Corp currently standing at about $1.05 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 235.46M, with a low estimate of 46.96M and a high estimate of 54.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 49.88M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GERN’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 GERN currently trading nearly -3.20% and -29.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.41, while the 7-day volatility ratio is showing 7.09% which for the 30-day chart, stands at 7.77%. Furthermore, Geron Corp (GERN)’s beta value is 0.63, and its average true range (ATR) is 0.14.
A comparison of Geron Corp (GERN) with its peers suggests the former has fared considerably weaker in the market. GERN showed an intraday change of -2.94% in last session, and over the past year, it shrunk by -49.39%%.
Data on historical trading for Geron Corp (NASDAQ:GERN) indicates that the trading volumes over the past 10 days have averaged 12.6 and over the past 3 months, they’ve averaged 15.24 million. According to company’s latest data on outstanding shares, there are 606.39 million shares outstanding.
Nearly 6.13% of Geron Corp’s shares belong to company insiders and institutional investors own 76.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 45.63 million shares as on 2025-03-14, resulting in a short ratio of 2.23. According to the data, the short interest in Geron Corp (GERN) stood at 720.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 69.77 million. The stock has fallen by -53.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GERN stock heading into the next quarter.
