Geron Corporation [NASDAQ: GERN] slipped around -0.09 points on Friday, while shares priced at $1.59 at the close of the session, down -5.36%. The company report on July 30, 2020 that Geron to Announce Second Quarter Financial Results on August 6, 2020.
Geron Corporation (Nasdaq: GERN) today announced that it will release its second quarter 2020 financial results after the market closes on Thursday, August 6, 2020 via press release, which will be available on the Company’s website at www.geron.com/investors. Geron will host a conference call to discuss the financial results as well as recent events at 4:30 p.m. ET the same day.
A live, listen-only webcast will be available on the Company’s website at www.geron.com/investors/events. If you are unable to listen to the live call, an archived webcast will be available on the Company’s website for 30 days.
Geron Corporation stock is now 16.91% up from its year-to-date (YTD) trading value. GERN Stock saw the intraday high of $1.7001 and lowest of $1.59 per share. The company’s 52-week high price is 2.40, which means current price is +112.00% above from all time high which was touched on 05/18/20.
Compared to the average trading volume of 3.88M shares, GERN reached a trading volume of 2616351 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Geron Corporation [GERN]?
B. Riley FBR have made an estimate for Geron Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 19, 2019. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on September 03, 2019, representing the official price target for Geron Corporation stock. Previously, the target price had yet another raise to $4, while Cantor Fitzgerald analysts kept a Overweight rating on GERN stock.
The Average True Range (ATR) for Geron Corporation is set at 0.12, with the Price to Sales ratio for GERN stock in the period of the last 12 months amounting to 1042.79. The Price to Book ratio for the last quarter was 2.65, with the Price to Cash per share for the same quarter was set at 0.40.
How has GERN stock performed recently?
Geron Corporation [GERN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.11. With this latest performance, GERN shares dropped by -26.05% in over the last four-week period, additionally plugging by 21.37% over the last 6 months – not to mention a rise of 38.26% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GERN stock in for the last two-week period is set at 29.24, with the RSI for the last a single of trading hit 15.91, and the three-weeks RSI is set at 37.10 for Geron Corporation [GERN]. The present Moving Average for the last 50 days of trading for this stock 1.8617, while it was recorded at 1.7160 for the last single week of trading, and 1.4501 for the last 200 days.
Geron Corporation [GERN]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Geron Corporation [GERN] shares currently have an operating margin of -15761.96. Geron Corporation’s Net Margin is presently recorded at -14901.74.
Return on Total Capital for GERN is now -45.97, given the latest momentum, and Return on Invested Capital for the company is -43.51. Return on Equity for this stock declined to -43.82, with Return on Assets sitting at -39.08. When it comes to the capital structure of this company, Geron Corporation [GERN] has a Total Debt to Total Equity ratio set at 1.89. Additionally, GERN Total Debt to Total Capital is recorded at 1.85, with Total Debt to Total Assets ending up at 1.54. Long-Term Debt to Equity for the company is recorded at 1.63, with the Long-Term Debt to Total Capital now at 1.60.
Reflecting on the efficiency of the workforce at the company, Geron Corporation [GERN] managed to generate an average of -$1,490,174 per employee. Receivables Turnover for the company is 0.47 with a Total Asset Turnover recorded at a value of 0.00.Geron Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.90 and a Current Ratio set at 7.90.
Earnings analysis for Geron Corporation [GERN]
With the latest financial reports released by the company, Geron Corporation posted -0.08/share EPS, while the average EPS was predicted by analysts to be reported at -0.09/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 11.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GERN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Geron Corporation go to 5.00%.
Insider trade positions for Geron Corporation [GERN]
There are presently around $98 million, or 38.60% of GERN stock, in the hands of institutional investors. The top three institutional holders of GERN stocks are: BLACKROCK INC. with ownership of 15,667,224, which is approximately 0.485% of the company’s market cap and around 0.41% of the total institutional ownership; FMR LLC, holding 13,406,550 shares of the stock with an approximate value of $21.32 million in GERN stocks shares; and VANGUARD GROUP INC, currently with $16.48 million in GERN stock with ownership of nearly 4.486% of the company’s market capitalization.
Positions in Geron Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 51 institutional holders increased their position in Geron Corporation [NASDAQ:GERN] by around 3,346,701 shares. Additionally, 37 investors decreased positions by around 4,555,974 shares, while 42 investors held positions by with 53,577,894 shares. The mentioned changes placed institutional holdings at 61,480,569 shares, according to the latest SEC report filing. GERN stock had 16 new institutional investments in for a total of 381,530 shares, while 9 institutional investors sold positions of 554,219 shares during the same period.