Shares of Cerus Co. (NASDAQ:CERS) have been assigned an average recommendation of “Hold” from the eight research firms that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $6.50.
CERS has been the topic of several research reports. Zacks Investment Research upgraded Cerus from a “hold” rating to a “buy” rating and set a $4.00 price objective on the stock in a research note on Wednesday, November 8th. Cantor Fitzgerald restated an “overweight” rating and set a $5.00 price objective on shares of Cerus in a research note on Friday, January 5th. BidaskClub upgraded Cerus from a “strong sell” rating to a “sell” rating in a research note on Friday, January 5th. BTIG Research restated a “neutral” rating on shares of Cerus in a research note on Friday, December 8th. Finally, ValuEngine upgraded Cerus from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 4th.
Cerus (NASDAQ CERS) traded down $0.08 during trading hours on Tuesday, hitting $3.85. The company had a trading volume of 744,600 shares, compared to its average volume of 1,906,219. The company has a debt-to-equity ratio of 0.80, a quick ratio of 3.11 and a current ratio of 3.71. Cerus has a fifty-two week low of $1.93 and a fifty-two week high of $5.43. The firm has a market capitalization of $488.95, a PE ratio of -6.53 and a beta of 2.22.
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Cerus Company Profile
Cerus Corporation is a biomedical products company. The Company is engaged in developing and commercializing the INTERCEPT Blood System for blood safety. The Company operates through blood safety segment. The Company’s INTERCEPT Blood System is based on its technology for controlling biological replication, and is designed to reduce blood-borne pathogens in donated blood components intended for transfusion.
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