The price of Cerus Corp (NASDAQ:CERS) shares last traded on Wall Street fell -1.28% to $1.54.
CERS stock price is now 14.03% away from the 50-day moving average and -3.09% away from the 200-day moving average. The market capitalization of the company currently stands at $294.39M.
With the price target of $5, Craig Hallum recently initiated with Buy rating for Cerus Corp (NASDAQ: CERS). , while ‘Stephens’ rates the stock as ‘Equal-Weight’
In other news, Jensen Chrystal, Chief Legal Officer sold 30,075 shares of the company’s stock on Mar 14 ’25. The stock was sold for $43,609 at an average price of $1.45. Upon completion of the transaction, the Chief Legal Officer now directly owns 783,294 shares in the company, valued at $1.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 13 ’25, Chief Legal Officer Jensen Chrystal sold 18,949 shares of the business’s stock. A total of $27,476 was realized by selling the stock at an average price of $1.45. This leaves the insider owning 813,369 shares of the company worth $1.25 million. A total of 6.58% of the company’s stock is owned by insiders.
During the past 12 months, Cerus Corp has had a low of $1.12 and a high of $2.54. As of last week, the company has a debt-to-equity ratio of 1.79, a current ratio of 2.32, and a quick ratio of 1.63. The fifty day moving average price for CERS is $1.3504 and a two-hundred day moving average price translates $1.58905 for the stock.
The latest earnings results from Cerus Corp (NASDAQ: CERS) was released for 2025-03-31. The net profit margin was -10.23% and return on equity was -36.14% for CERS. The company reported revenue of $48.85 million for the quarter, compared to $43.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.58 percent. For the current quarter, analysts expect CERS to generate $51.8M in revenue.