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Geron Corp. (GERN) Stock Could Soon Reward Patient Investors

Geron Corp. (NASDAQ: GERN) is 117.06% higher on its value in year-to-date trading and has touched a low of $1.64 and a high of $5.34 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GERN stock was last observed hovering at around $4.53 in the last trading session, with the day’s gains setting it 0.05%.

Currently trading at $4.58, the stock is -0.43% and 11.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.54 million and changing 1.10% at the moment leaves the stock 68.43% off its SMA200. GERN registered 45.86% gain for a year compared to 6-month gain of 119.14%.

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The stock witnessed a 17.74% loss in the last 1 month and extending the period to 3 months gives it a 37.54%, and is 5.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.43% over the week and 6.05% over the month.

Geron Corp. (GERN) has around 141 employees, a market worth around $2.72B and $0.52M in sales. Profit margin for the company is -38730.00%. Distance from 52-week low is 179.27% and -14.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-56.11%).

The EPS is expected to shrink by -10.16% this year.

Geron Corp. (GERN) Top Institutional Holders

The shares outstanding are 544.91M, and float is at 500.46M with Short Float at 10.81%.

Geron Corp. (GERN) Insider Activity

The most recent transaction is an insider sale by Kapur Anil,the company’sEVP, Corp Strategy & CCO. SEC filings show that Kapur Anil sold 421,875 shares of the company’s common stock on Jun 10 ’24 at a price of $4.64 per share for a total of $1.96 million. Following the sale, the insider now owns 0.0 shares.

Geron Corp. disclosed in a document filed with the SEC on Jun 10 ’24 that Feller Faye (EVP, Chief Medical Officer) sold a total of 287,900 shares of the company’s common stock. The trade occurred on Jun 10 ’24 and was made at $4.63 per share for $1.33 million. Following the transaction, the insider now directly holds 0.0 shares of the GERN stock.

Still, SEC filings show that on Jun 04 ’24, SCARLETT JOHN A (Chairman, President and CEO) disposed off 600,000 shares at an average price of $4.00 for $2.4 million. The insider now directly holds 600,000 shares of Geron Corp. (GERN).

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