While Geron Corp has underperformed by -1.34%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GERN rose by 41.35%, with highs and lows ranging from $5.34 to $1.64, whereas the simple moving average fell by -28.47% in the last 200 days.
On November 05, 2024, H.C. Wainwright started tracking Geron Corp (NASDAQ: GERN) recommending Buy. A report published by Scotiabank on October 16, 2024, Initiated its previous ‘Sector Outperform’ rating for GERN. Leerink Partners also rated GERN shares as ‘Outperform’, setting a target price of $7 on the company’s shares in an initiating report dated September 09, 2024. TD Cowen initiated its ‘Buy’ rating for GERN, as published in its report on April 29, 2024. Needham’s report from March 15, 2024 suggests a price prediction of $5 for GERN shares, giving the stock a ‘Buy’ rating. Goldman also rated the stock as ‘Buy’.
Analysis of Geron Corp (GERN)
Further, the quarter-over-quarter increase in sales is 17138.41%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Geron Corp’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -69.03% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.74, 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.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and GERN is recording an average volume of 10.43M. On a monthly basis, the volatility of the stock is set at 5.44%, whereas on a weekly basis, it is put at 6.93%, with a loss of -14.29% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.72, showing growth from the present price of $2.94, which can serve as yet another indication of whether GERN is worth investing in or should be passed over.
How Do You Analyze Geron Corp Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. 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 6.59%. 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 78.47% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GERN shares are owned by institutional investors to the tune of 78.47% at present.
