Cerus Corp (NASDAQ: CERS) is 4.55% higher on its value in year-to-date trading and has touched a low of $1.38 and a high of $2.59 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 CERS stock was last observed hovering at around $1.58 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.61, the stock is -5.41% and -6.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing 1.90% at the moment leaves the stock -13.51% off its SMA200. CERS registered -26.15% loss for a year compared to 6-month loss of -28.76%.
The stock witnessed a -10.56% gain in the last 1 month and extending the period to 3 months gives it a -12.97%, and is -1.83% down 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 7.29% over the week and 6.26% over the month.
Cerus Corp (CERS) has around 281 employees, a market worth around $299.12M and $180.27M in sales. Profit margin for the company is -11.60%. Distance from 52-week low is 17.09% and -37.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.77%).
with sales reaching $46.13M over the same period.The EPS is expected to grow by 21.82% this year, but quarterly earnings will post 16.08% year-over-year. Quarterly sales are estimated to grow 20.24% in year-over-year returns.
The shares outstanding are 185.77M, and float is at 176.41M with Short Float at 5.28%.
The top institutional shareholder in the company is ARK INVESTMENT MANAGEMENT LLC with over 19.9 million shares valued at $35.02 million. The investor’s holdings represent 10.7579 of the CERS Shares outstanding. As of 2024-06-30, the second largest holder is BAKER BROS. ADVISORS LP with 19.48 million shares valued at $34.28 million to account for 10.5293 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 13.89 million shares representing 7.6292 and valued at over $24.45 million, while VANGUARD GROUP INC holds 5.7573 of the shares totaling 10.48 million with a market value of $18.45 million.
Cerus Corp (CERS) Insider Activity
A total of 0 insider transactions have happened at Cerus Corp (CERS) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Jensen Chrystal, the company’s Chief Legal Officer. SEC filings show that Jensen Chrystal sold 66,292 shares of the company’s common stock on Mar 04 ’25 at a price of $1.58 per share for a total of $0.1 million. Following the sale, the insider now owns 0.41 million shares.
Cerus Corp disclosed in a document filed with the SEC on Mar 04 ’25 that Jayaraman Vivek K (Chief Operating Officer) sold a total of 10,780 shares of the company’s common stock. The trade occurred on Mar 04 ’25 and was made at $1.55 per share for $16693.0. Following the transaction, the insider now directly holds 0.91 million shares of the CERS stock.
Still, SEC filings show that on Mar 04 ’25, Greenman William Mariner (President and CEO) disposed off 23,023 shares at an average price of $1.55 for $35651.0. The insider now directly holds 3,230,000 shares of Cerus Corp (CERS).
Cerus Corp (CERS): Who are the competitors?
One of the company’s main competitors (and peers) include Haemonetics Corp. (HAE) that is trading -13.29% down over the past 12 months.
