Geron Corp. (NASDAQ:GERN) price on Thursday, April 18, rose 1.36% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.73.
A look at the stock’s price movement, the close in the last trading session was $3.68. Turning to its 52-week performance, $4.05 and $1.64 were the 52-week high and 52-week low respectively. Overall, GERN moved 14.42% over the past month.
Geron Corp.’s market cap currently stands at around $2.19 billion.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that GERN is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
GERN’s current price about 10.39% and 41.10% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 66.81, while 7-day volatility ratio is 7.76% and 6.39% in the 30-day chart. Further, Geron Corp. (GERN) has a beta value of 0.57, and an average true range (ATR) of 0.25.
If we refocus on Geron Corp. (NASDAQ:GERN), historical trading data shows that trading volumes averaged 12.46 million over the past 3 months. The company’s latest data on shares outstanding shows there are 544.91 million shares.
The 17.92% of Geron Corp.’s shares are in the hands of company insiders while institutional holders own 51.18% of the company’s shares. Current price change has pushed the stock 76.78% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GERN stock continues to rise going into the next quarter.
