With 0.78 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.34 million shares. The 52-week range on CERS shows that it touched its highest point at $2.54 and its lowest point at $1.12 during that stretch. It currently has a 1-year price target of $4.25. Beta for the stock currently stands at 1.59.
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 -1.52%, but this was up by 4.84% over a month. Three-month performance dropped to -30.85% while six-month performance fell -14.47%. The stock lost -19.75% in the past year, while it has lost -15.58% so far this year. A look at the trailing 12-month EPS for CERS yields -0.10 with Next year EPS estimates of -0.04. For the next quarter, that number is -0.03. This implies an EPS growth rate of 4.55% for this year and 64.29% for next year.
Float and Shares Shorts:
At present, 191.11 million CERS shares are outstanding with a float of 178.70 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 -$0.12003 being high and -$0.12218 being low. For CERS, this leads to a yearly average estimate of -$0.12110499999999999. Based on analyst estimates, the high estimate for the next quarter is -$0.01 and the low estimate is -$0.03. The average estimate for the next quarter is thus -$0.02.
