At the time of writing, Cerus Corp. [CERS] stock is trading at $1.96, up 15.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CERS shares have gain 11.36% over the last week, with a monthly amount glided 3.70%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Cerus Corp. [NASDAQ: CERS] stock has seen the most recent analyst activity on April 12, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $5. Previously, BTIG Research downgraded its rating to Neutral on January 20, 2023. On January 17, 2023, downgrade downgraded it’s rating to Equal-Weight but maintained its price target of $3.75 on the stock. BTIG Research started tracking with a Buy rating for this stock on February 26, 2020, and assigned it a price target of $7. In a note dated November 13, 2019, BTIG Research upgraded an Buy rating on this stock but restated the target price of $7.
For the past year, the stock price of Cerus Corp. fluctuated between $1.21 and $3.08. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. Cerus Corp. [NASDAQ: CERS] shares were valued at $1.96 at the most recent close of the market. An investor can expect a potential return of 129.59% based on the average CERS price forecast.
Analyzing the CERS fundamentals
According to Cerus Corp. [NASDAQ:CERS], the company’s sales were 163.76M for trailing twelve months, which represents an 23.86% jump. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.19%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.63 and Total Capital is -0.27. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.76.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7800 points at the first support level, and at 1.6000 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.0500, and for the 2nd resistance point, it is at 2.1400.
Ratios To Look Out For
It is important to note that Cerus Corp. [NASDAQ:CERS] has a current ratio of 2.41. As well, the Quick Ratio is 1.72, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 2.21, the price to book ratio is 7.34.
Transactions by insiders
Recent insider trading involved Shan Hua, Director, that happened on May 13 ’24 when 2500.0 shares were purchased. Director, NACHTSHEIM JAMI K completed a deal on May 10 ’24 to buy 2000.0 shares. Meanwhile, Director Witney Frank bought 20000.0 shares on May 09 ’24.
