A Look at Geron Corp. (GERN) Shares in the Recent Past Indicates Growth

With 9.29 million shares changed hands, the volume of the stock remained lighter than its average volume of 9.53 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $4.705 whereas the lowest price it dropped to was $4.48. The 52-week range on GERN shows that it touched its highest point at $5.34 and its lowest point at $1.64 during that stretch. It currently has a 1-year price target of $7.31. Beta for the stock currently stands at 0.52.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GERN was up-trending over the past week, with a rise of 6.12%, but this was up by 1.58% over a month. Three-month performance dropped to -7.58% while six-month performance rose 157.71%. The stock gained 96.09% in the past year, while it has gained 113.74% so far this year. A look at the trailing 12-month EPS for GERN yields -0.36 with Next year EPS estimates of -0.12. For the next quarter, that number is -0.09. This implies an EPS growth rate of -8.71% for this year and 66.91% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -16.08%.

Float and Shares Shorts:

At present, 602.80 million GERN shares are outstanding with a float of 552.62 million shares on hand for trading. On 2024-08-30, short shares totaled 67.14 million, which was 1114.0 higher than short shares on 1722384000. In addition to Dr. John A. Scarlett M.D. as the firm’s Chairman of the Board, President & CEO, Ms. Michelle J. Robertson serves as its Executive VP, CFO, Treasurer and Principal Financial & Accounting Officer.

Institutional Ownership:

Through their ownership of 0.78051 of GERN’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, GERN reported revenue of $882000.0 and operating income of -$69333000.0. The EBITDA in the recently reported quarter was -$63635000.0 and diluted EPS was -$0.1.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GERN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.