Geron Corp. (NASDAQ:GERN) has a beta value of 0.51 and has seen 1.32 million shares traded in the recent trading session. The GERN stock price is -16.85% off its 52-week high price of $5.34 and 64.11% above the 52-week low of $1.64. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.21 million shares traded. The 3-month trading volume is 12.04 million shares.
The consensus among analysts is that Geron Corp. (GERN) is Buy stock at the moment, with a recommendation rating of 1.14. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
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Geron Corp. (NASDAQ:GERN) trade information
Sporting -0.11% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GERN stock price touched $4.57 or saw a rise of 5.58%. Year-to-date, Geron Corp. shares have moved 116.35%, while the 5-day performance has seen it change 0.11%. Over the past 30 days, the shares of Geron Corp. (NASDAQ:GERN) have changed -8.52%. Short interest in the company has seen 57.86 million shares shorted with days to cover at 6.33.
Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 23.83% from the levels at last check today. The projected low price target is $4.5 while the price target rests at a high of $7.0. In that case, then, we find that the latest price level in today’s session is -53.17% off the targeted high while a plunge would see the stock lose 1.53% from the levels at last check today.
Geron Corp. (GERN) estimates and forecasts
Figures show that Geron Corp. shares have underperformed across the wider relevant industry. The company’s shares have gained 92.62% over the past 6 months, with this year growth rate of -9.38%, compared to 17.50% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -16.08% over the past 5 years. Earnings growth for 2024 is a modest -9.37% while over the next 5 years, the company’s earnings are expected to increase by 5.00%.
GERN Dividends
Geron Corp. is expected to release its next earnings report 2024-Oct-31 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Geron Corp. (NASDAQ:GERN)’s Major holders
Insiders own 0.09% of the company shares, while shares held by institutions stand at 79.99% with a share float percentage of 80.06%. Investors are also buoyed by the number of investors in a company, with Geron Corp. having a total of 317.0 institutions that hold shares in the company. The top two institutional holders are RA CAPITAL MANAGEMENT, L.P. with over 46.2 million shares worth more than $152.47 million. As of 2024-03-31, RA CAPITAL MANAGEMENT, L.P. held 7.6558% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 41.41 million shares as of 2024-03-31. The firm’s total holdings are worth over $136.67 million and represent 6.8625% of shares outstanding.
