While Sera Prognostics Inc has overperformed by 1.56%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SERA rose by 308.38%, with highs and lows ranging from $12.35 to $1.56, whereas the simple moving average fell by -1.28% in the last 200 days.
On March 30, 2022, Citigroup Downgraded Sera Prognostics Inc (NASDAQ: SERA) to Neutral. A report published by Oppenheimer on November 19, 2021, Initiated its previous ‘Outperform’ rating for SERA.
Analysis of Sera Prognostics Inc (SERA)
Further, the quarter-over-quarter decrease in sales is -80.49%, showing a negative trend in the upcoming months.
Sera Prognostics Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -44.77% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.08, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and SERA has an average volume of 168.72K. On a monthly basis, the volatility of the stock is set at 6.91%, whereas on a weekly basis, it is put at 8.87%, with a gain of 8.33% over the past seven days. Furthermore, long-term investors anticipate a median target price of $2.75, showing decline from the present price of $7.80, which can serve as yet another indication of whether SERA is worth investing in or should be passed over.
How Do You Analyze Sera Prognostics Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 40.85%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 44.74% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SERA shares are owned by institutional investors to the tune of 44.74% at present.