CERo Therapeutics Holdings Inc [CERO] moved down 0.00: Why It’s Important

CERo Therapeutics Holdings Inc [NASDAQ: CERO] traded at a low on Friday, posting a 0.00 loss after which it closed the day’ session at $0.06.

The results of the trading session contributed to over 16834904 shares changing hands. Over the past one week, the price volatility of CERo Therapeutics Holdings Inc stands at 17.94% while the volatility over the past one month is 24.97%.

The market cap for CERO stock reached $11.51 million, with 147.54 million shares outstanding and 90.90 million shares in the current float. Compared to the average trading volume of 71.58M shares, CERO reached a trading volume of 16834904 in the most recent trading day, which is why market watchdogs consider the stock to be active.

How has CERO stock performed recently?

CERo Therapeutics Holdings Inc [CERO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.11. With this latest performance, CERO shares dropped by -59.18% in over the last four-week period, additionally sinking by -79.93% over the last 6 months – not to mention a drop of -99.45% 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 38.54, with the RSI for the last a single of trading hit 35.69, and the three-weeks RSI is set at 41.06 for CERo Therapeutics Holdings Inc [CERO]. The present Moving Average for the last 50 days of trading for this stock 0.1237, while it was recorded at 0.0578 for the last single week of trading, and 0.5687 for the last 200 days.

CERo Therapeutics Holdings Inc [CERO]: Deeper insight into the 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.

Insider trade positions for CERo Therapeutics Holdings Inc [CERO]