Geron Corp (NASDAQ:GERN) has a beta value of 0.68 and has seen 1.6 million shares traded in the recent trading session. The company, currently valued at $933.09M, closed the recent trade at $12420000.0 per share which meant it gained $12419998.49 on the day or 1601942% during that session. The GERN stock price is 100.0% off its 52-week high price of $5.06 and 100.0% above the 52-week low of $1.17. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.61 million shares traded. The 3-month trading volume is 12.42 million shares.
The consensus among analysts is that Geron Corp (GERN) is Buy stock at the moment, with a recommendation rating of 1.78. 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.
Geron Corp (NASDAQ:GERN) trade information
Over the past 30 days, the shares of Geron Corp (NASDAQ:GERN) have changed 9.33%. Short interest in the company has seen 64.58 million shares shorted with days to cover at 5.14.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could drop -310499900.0% from the levels at last check today.. The projected low price target is $4.0 while the price target rests at a high of $4.0. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Geron Corp (GERN) estimates and forecasts
The company’s shares have lost -62.72% over the past 6 months.
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 5.60% over the past 5 years.
GERN Dividends
Geron Corp is expected to release its next earnings report on 2025-May-07 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 81.20% with a share float percentage of 81.28%. Investors are also buoyed by the number of investors in a company, with Geron Corp having a total of 350.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 46.55 million shares worth more than $197.38 million. As of 2024-06-30, BLACKROCK INC. held 7.1191% of shares outstanding.
The other major institutional holder is RA CAPITAL MANAGEMENT, L.P., with the holding of over 46.2 million shares as of 2024-06-30. The firm’s total holdings are worth over $195.9 million and represent 7.0656% of shares outstanding.
