With 3.46 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.33 million shares. The 52-week range on CERS shows that it touched its highest point at $2.59 and its lowest point at $1.38 during that stretch. It currently has a 1-year price target of $3.90. Beta for the stock currently stands at 1.55.
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 CERS was down-trending over the past week, with a drop of -8.33%, but this was down by -8.84% over a month. Three-month performance dropped to -1.20% while six-month performance fell -24.31%. The stock lost -28.57% in the past year, while it has gained 7.14% so far this year. A look at the trailing 12-month EPS for CERS yields -0.11 with Next year EPS estimates of -0.02. For the next quarter, that number is -0.04. This implies an EPS growth rate of 14.55% for this year and 80.85% for next year.
Float and Shares Shorts:
At present, 185.72 million CERS shares are outstanding with a float of 176.34 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CERS since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.11627 being high and -$0.12218 being low. For CERS, this leads to a yearly average estimate of -$0.119225. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.04. The average estimate for the next quarter is thus -$0.03.
