Cerus Corp’s recently made public that its Chief Legal Officer Jensen Chrystal unloaded Company’s shares for reported $43609.0 on Mar 14 ’25. In the deal valued at $1.45 per share,30,075 shares were sold. As a result of this transaction, Jensen Chrystal now holds 783,294 shares worth roughly $1.14 million.
Then, Jensen Chrystal sold 18,949 shares, generating $27,476 in total proceeds. Upon selling the shares at $1.45, the Chief Legal Officer now owns 813,369 shares.
Before that, Jayaraman Vivek K sold 46,004 shares. Cerus Corp shares valued at $66,706 were divested by the Chief Operating Officer at a price of $1.45 per share. As a result of the transaction, Jayaraman Vivek K now holds 1,431,326 shares, worth roughly $2.08 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 unchanged to $1.45. Over the last five days, the stock has lost -1.36%. Cerus Corp shares have fallen nearly -5.84% since the year began. Nevertheless, the stocks have fallen -28.57% 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 03/14/25. SMA at 50 days reached $1.7134, while 200 days put it at $1.8446.
Levels Of Support And Resistance For CERS Stock
The 24-hour chart illustrates a support level at 1.4100, which if violated will result in even more drops to 1.3700. On the upside, there is a resistance level at 1.4700. A further resistance level may holdings at 1.4900. The Relative Strength Index (RSI) on the 14-day chart is 37.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0964, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.04%. Stochastics %K at 16.70% indicates the stock is a buying.
How much short interest is there in Cerus Corp?
A steep rise in short interest was recorded in Cerus Corp stocks on 2025-02-28, growing by 1.49 million shares to a total of 10.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.6 million shares. There was a rise of 14.75%, which implies that there is a positive sentiment for the stock.
