In today’s recent session, 3.98 million shares of the Geron Corp. (NASDAQ:GERN) have been traded, and its beta is 0.56. Most recently the company’s share price was $3.75, and it changed around $0.06 or 1.74% from the last close, which brings the market valuation of the company to $2.21B. GERN at last check was trading at a discount to its 52-week high of $4.05, offering almost -8.0% off that amount. The share price’s 52-week low was $1.64, which indicates that the recent value has risen by an impressive 56.27% since then. We note from Geron Corp.’s average daily trading volume that its 3-month average coming to 12.64 million.
Geron Corp. stock received a consensus recommendation rating of Hold, based on a mean score of 1.17. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended GERN as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Geron Corp. (NASDAQ:GERN) trade information
Instantly GERN has been showing a green trend so far today with a performance of 1.74% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 77.92% year-to-date, but still up 8.81% over the last five days. On the other hand, Geron Corp. (NASDAQ:GERN) is 12.74% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $5.33, which translates to bulls needing to increase their stock price by 29.64% from its current value. Analyst projections state that GERN is forecast to be at a low of $5 and a high of $6.
Geron Corp. (GERN) estimates and forecasts
Geron Corp. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 112.10 percent over the past six months and at a -6.25% annual growth rate that is well below the industry average of 13.30%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -16.08%. Geron Corp. earnings are expected to increase by -1.56% in 2024, but the outlook is positive 5.00% per year for the next five years.
