Tuesday, September 22, 2020

Geron Corporation [GERN] Stock trading around $1.82 per share: What’s Next?

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Geron Corporation [NASDAQ: GERN] price plunged by -5.70 percent to reach at -$0.11. The company report on August 20, 2020 that Geron Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4).

Geron Corporation (Nasdaq: GERN) today reported that it has granted non-statutory stock options to purchase an aggregate of 270,000 shares of Geron common stock as inducements to four newly-hired employees in connection with commencement of employment with the Company.

The stock options were granted on August 19, 2020 at an exercise price of $1.79 per share, which is equal to the closing price of Geron common stock on the date of grant. Each stock option granted has a 10-year term and vests over four years, with 12.5% of the shares underlying the option vesting on the six-month anniversary of commencement of employment and the remaining shares vesting over the following 42 months in equal installments of whole shares, subject to continued employment with Geron through the applicable vesting dates. The options were granted as a material inducement to employment in accordance with Nasdaq Listing Rule 5635(c)(4) and are subject to the terms and conditions of a stock option agreement covering the grant and Geron’s 2018 Inducement Award Plan, which was adopted December 14, 2018 and provides for the granting of stock options to new employees.

A sum of 2018866 shares traded at recent session while its average daily volume was at 3.28M shares. Geron Corporation shares reached a high of $1.935 and dropped to a low of $1.8024 until finishing in the latest session at $1.82.

The average equity rating for GERN stock is currently 1.70, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Geron Corporation [GERN]:

Stifel have made an estimate for Geron Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 03, 2020. While these analysts kept the previous recommendation, B. Riley FBR raised their target price to Buy. The new note on the price target was released on November 19, 2019, representing the official price target for Geron Corporation stock. Previously, the target price had yet another raise to $4, while H.C. Wainwright analysts kept a Buy 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 1383.38. The Price to Book ratio for the last quarter was 1.78, with the Price to Cash per share for the same quarter was set at 0.72.

GERN Stock Performance Analysis:

Geron Corporation [GERN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.70. With this latest performance, GERN shares gained by 5.81% in over the last four-week period, additionally plugging by 78.43% over the last 6 months – not to mention a rise of 30.00% 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 48.14, with the RSI for the last a single of trading hit 48.75, and the three-weeks RSI is set at 50.34 for Geron Corporation [GERN]. The present Moving Average for the last 50 days of trading for this stock 1.8794, while it was recorded at 1.9340 for the last single week of trading, and 1.4872 for the last 200 days.

Insight into Geron Corporation 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 11.50 and a Current Ratio set at 11.50.

GERN Stock EPS

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 -0.15/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 46.70%. 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%.

Geron Corporation [GERN] Insider Position Details

There are presently around $285 million, or 54.90% of GERN stock, in the hands of institutional investors. The top three institutional holders of GERN stocks are: RA CAPITAL MANAGEMENT, L.P. with ownership of 30,126,299, which is approximately New of the company’s market cap and around 0.41% of the total institutional ownership; BLACKROCK INC., holding 19,400,364 shares of the stock with an approximate value of $35.31 million in GERN stocks shares; and ECOR1 CAPITAL, LLC, currently with $35.0 million in GERN stock with ownership of nearly New of the company’s market capitalization.

Positions in Geron Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 78 institutional holders increased their position in Geron Corporation [NASDAQ:GERN] by around 97,324,875 shares. Additionally, 31 investors decreased positions by around 2,287,690 shares, while 41 investors held positions by with 56,969,832 shares. The mentioned changes placed institutional holdings at 156,582,397 shares, according to the latest SEC report filing. GERN stock had 32 new institutional investments in for a total of 82,621,073 shares, while 8 institutional investors sold positions of 440,657 shares during the same period.

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