Geron Corporation (NASDAQ:GERN) traded at $1.17 at close of the session on Friday, 01/07/22, made a downward move of -2.50% on its previous day’s price.
Looking at the stock we see that its previous close was $1.20 and the beta (5Y monthly) reads 1.07 with the day’s price range being $1.17 – $1.2399. In terms of its 52-week price range, GERN has a high of $2.36 and a low of $1.16. The company’s stock has lost about -19.31% over that past 30 days.
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Geron Corporation has a market cap of $386.30 million and is expected to release its quarterly earnings report on Mar 09, 2022 – Mar 14, 2022. Estimates by analysts give the company expected earnings per share (EPS) of -$0.08, with the EPS growth for the year raised at -$0.34 for 2021 and -$0.36 for next year. These figures represent -21.40% and -5.90% growth in EPS for the two years respectively.
The median projection represents growth squeezing down to 20.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2021 is expected to hit $420k, or 66.00% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the GERN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Sell.
Based on estimates by 5 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Geron Corporation (GERN) stock as a Hold, while 4 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -9.55% off its SMA20 and -18.03% from its 50-day simple moving average. The RSI (14) is pointing at 37.80 while the volatility over the past week is 6.73% and jumps to 6.52% over the past one month. The beta value is 1.01, while the average true range (ATR) is currently pointing at 0.08.
Let’s briefly compare Geron Corporation (GERN) stock to its peers. We find that current price change of -2.50% and -31.58% over the past 12 months for GERN competes that of CTI BioPharma Corp. (CTIC), which has seen its stock price fall -2.17% in the last trading session and was -33.63% over the last one year. Another of its peers Bio-Techne Corporation (TECH) has dropped -2.64% previous session, and was 26.03% up over the past year, while Incyte Corporation (INCY) was also up 0.77% in the last session, while its price remained in the red at -22.00% over the same period. . In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at -0.41% and -0.01%, respectively, at close of the trading.
Coming back to Geron Corporation (NASDAQ:GERN), we note that the average 3-month trading volume was 2.05 million, while that of the preceding 10-day period stands at 2.46 million. Current shares outstanding are 328.94 million.
The insiders hold 0.17% of the company’s shares while institutions hold 42.00%. The data shows that short shares as of Dec 14, 2021, stood at 19.43 million at a short ratio of 9.97. This represents a 6.04% short interest in shares outstanding on Dec 14, 2021. Shares short rose in December from the previous month at 18.77 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -4.10% down in year-to-date price movement.