Cerus Corp’s filing revealed that its Chief Legal Officer Jensen Chrystal unloaded Company’s shares for reported $41131.0 on Mar 07 ’25. In the deal valued at $1.50 per share,27,457 shares were sold. As a result of this transaction, Jensen Chrystal now holds 832,318 shares worth roughly $1.22 million.
Then, Jayaraman Vivek K sold 33,999 shares, generating $50,931 in total proceeds. Upon selling the shares at $1.50, the Chief Operating Officer now owns 1,507,315 shares.
Before that, Greenman William Mariner sold 60,984 shares. Cerus Corp shares valued at $91,354 were divested by the President and CEO at a price of $1.50 per share. As a result of the transaction, Greenman William Mariner now holds 4,309,758 shares, worth roughly $6.34 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 Monday, Cerus Corp [NASDAQ:CERS] saw its stock fall -2.65% to $1.47. Over the last five days, the stock has lost -3.92%. Cerus Corp shares have fallen nearly -4.55% since the year began. Nevertheless, the stocks have fallen -39.26% over the past one year. While a 52-week high of $2.54 was reached on 01/28/25, a 52-week low of $1.38 was recorded on 03/07/25. SMA at 50 days reached $1.7260, while 200 days put it at $1.8547.
Levels Of Support And Resistance For CERS Stock
The 24-hour chart illustrates a support level at 1.4467, which if violated will result in even more drops to 1.4233. On the upside, there is a resistance level at 1.5067. A further resistance level may holdings at 1.5433. The Relative Strength Index (RSI) on the 14-day chart is 35.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1095, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.88%. Stochastics %K at 9.36% indicates the stock is a buying.
