The stock of Geron Corp. (NASDAQ:GERN) last traded at $3.68, down -1.60% from the previous session.
GERN stock price is now 11.88% away from the 50-day moving average and 51.10% away from the 200-day moving average. The market capitalization of the company currently stands at $2.18B.
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With the price target maintained at $4.50, Robert W. Baird recently Downgraded its rating from Outperform to Neutral for Geron Corp. (NASDAQ: GERN). On April 29, 2024, TD Cowen recently initiated its ‘Buy’ rating on the stock quoting a target price of $10, while ‘Needham’ rates the stock as ‘Buy’
In other news, O’Farrell Elizabeth G., Director bought 6,607 shares of the company’s stock on Aug 24 ’23. The stock was bought for $15,064 at an average price of $2.28. Upon completion of the transaction, the Director now directly owns 7,407 shares in the company, valued at $27257.76. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 24 ’23, Director O’Farrell Elizabeth G. bought 6,579 shares of the business’s stock. A total of $15,000 was incurred on buying the stock at an average price of $2.28. This leaves the insider owning 26,220 shares of the company worth $96489.6. A total of 18.60% of the company’s stock is owned by insiders.
During the past 12 months, Geron Corp. has had a low of $1.64 and a high of $4.30. As of last week, the company has a debt-to-equity ratio of 0.25, a current ratio of 3.67, and a quick ratio of 3.67.
The net profit margin was -38730.00% and return on equity was -60.04% for GERN. The company reported revenue of $0.3 million for the quarter, compared to $21000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1347.62 percent.
