CERo Therapeutics Holdings Inc [CERO] Stock trading around $0.06 per share: What’s Next?

CERo Therapeutics Holdings Inc [NASDAQ: CERO] plunged by -$0.01 during the normal trading session on while it closed the day at $0.06.

CERo Therapeutics Holdings Inc stock has also loss -50.70% of its value over the past 7 days. However, CERO stock has declined by -32.66% in the 3 months of the year. Over the past six months meanwhile, it has lost -85.08% and lost -99.48% year-on date.

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The market cap for CERO stock reached $6.94 million, with 147.54 million shares outstanding and 80.41 million shares in the current float. Compared to the average trading volume of 66.89M shares, CERO reached a trading volume of 30866445 in the most recent trading day, which is why market watchdogs consider the stock to be active.

CERO stock trade performance evaluation

CERo Therapeutics Holdings Inc [CERO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -50.70. With this latest performance, CERO shares dropped by -73.24% in over the last four-week period, additionally sinking by -85.08% over the last 6 months – not to mention a drop of -99.48% 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 CERO stock in for the last two-week period is set at 35.12, with the RSI for the last a single of trading hit 27.42, and the three-weeks RSI is set at 39.22 for CERo Therapeutics Holdings Inc [CERO]. The present Moving Average for the last 50 days of trading for this stock 0.1308, while it was recorded at 0.0803 for the last single week of trading, and 0.6945 for the last 200 days.

CERo Therapeutics Holdings Inc [CERO]: An insightful look at the core fundamentals

CERo Therapeutics Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.39 and a Current Ratio set at 0.39.

CERo Therapeutics Holdings Inc [CERO]: Institutional Ownership