Geron Corporation (NASDAQ:GERN) shares traded -1.9% down during most recent session to reach at the closing price of $2.58. The stock exchanged hands 1.25 Million shares versus average trading capacity of 1.87 Million shares, yielding a market cap of $410.64 Million. Wall Street analysts covering the stock are projecting that the stock will reach $4.17 within the next 52-weeks. The mean target projections are based on 3 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Geron Corporation (NASDAQ:GERN) high price target of $5 and with a conservative view have low price target of $2.5.
BTIG Research “Initiates Coverage on” Geron Corporation (NASDAQ:GERN) in a research note issued to investors on 8/19/16 to Neutral.
Additionally on 12/17/15 Janney Capital “Initiates Coverage on” Geron Corporation (NASDAQ:GERN) to Buy setting price target at $6.5 and on 4/21/15 Oppenheimer “Initiates Coverage on” the stock to Outperform at $5.5. Furthermore on 6/12/14 MLV & Co. “Upgrades” the stock to Buy at $4.3.
On the other hand the company has Relative Strength Index (RSI 14) of 41.13 along with Average True Range (ATR 14) of 0.14, Consequently Geron Corporation (NASDAQ:GERN)’s weekly and monthly volatility is 3.76%, 5.20% respectively. The company’s beta value is at 2.73.
In terms of Buy, Sell or Hold recommendations, Geron Corporation (NASDAQ:GERN) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Geron Corporation (NASDAQ:GERN)’s minimum EPS for the current quarter is at $-0.06 and can go high up to $-0.05. The consensus mean EPS for the current quarter is at $-0.05 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.05 earnings per share for the same quarter during last year.
Currently Geron Corporation (NASDAQ:GERN)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 38.6%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.28%.
Geron Corporation (NASDAQ:GERN) 52-week high price stands at $3.15 and low price stands at $1.81, its price distance from 52-week high is -18.1% while its distance from 52-week low price is 42.54%. The stock hit its 52-week high on 05/16/17, and 52-week low on 11/03/16.
Geron Corporation (NASDAQ:GERN)’s trailing twelve month revenues are $6 Million, whereas its price to sales ratio for the same period is 68.44. Its book value per share for the most recent quarter is $0.74 while its price to book ratio for the same period is 3.49, as for as the company’s cash per share for the most recent quarter is $0.62, however its price to cash per share ratio for the same period is 4.14. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.
