Cerus Corp’s recently made public that its Director Gregory Dean A. acquired Company’s shares for reported $2932.0 on Dec 13 ’24. In the deal valued at $1.70 per share,1,725 shares were bought. As a result of this transaction, Gregory Dean A. now holds 61,725 shares worth roughly $0.1 million.
Then, BJERKHOLT ERIC sold 20,000 shares, generating $35,700 in total proceeds. Upon selling the shares at $1.78, the Director now owns 162,133 shares.
Before that, Jensen Chrystal sold 16,667 shares. Cerus Corp shares valued at $28,501 were divested by the Chief Legal Officer at a price of $1.71 per share. As a result of the transaction, Jensen Chrystal now holds 457,578 shares, worth roughly $0.77 million.
Craig Hallum initiated its Cerus Corp [CERS] rating to a Buy in a research note published on April 12, 2024; the price target was $5. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. Stephens also remained covering CERS and has decreased its forecast on January 17, 2023 with a “an Equal-weight” recommendation from previously “an Overweight” rating.
Price Performance Review of CERS
On Friday, Cerus Corp [NASDAQ:CERS] saw its stock jump 7.01% to $1.68. Over the last five days, the stock has gained 1.20%. Cerus Corp shares have risen nearly 9.09% since the year began. Nevertheless, the stocks have fallen -17.24% over the past one year. While a 52-week high of $2.59 was reached on 01/03/25, a 52-week low of $1.38 was recorded on 01/02/25. SMA at 50 days reached $1.7114, while 200 days put it at $1.8664.
Levels Of Support And Resistance For CERS Stock
The 24-hour chart illustrates a support level at 1.6047, which if violated will result in even more drops to 1.5293. On the upside, there is a resistance level at 1.7227. A further resistance level may holdings at 1.7653. The Relative Strength Index (RSI) on the 14-day chart is 50.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0219, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.45%. Stochastics %K at 28.66% indicates the stock is a holding.
How much short interest is there in Cerus Corp?
A steep rise in short interest was recorded in Cerus Corp stocks on 2024-12-13, dropping by -0.21 million shares to a total of 6.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.92 million shares. There was a decline of -3.12%, which implies that there is a negative sentiment for the stock.
