Is Geron Corporation (GERN) Share’s Price Now at Risk?

BEHRS MELISSA KELLY, EVP, Chief Business Officer, subtracted 120,635 shares of Geron Corporation (GERN) from its portfolio at the rate of $2.00 per share valuing $241,270 on Apr 09. The insider left behind 0 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Geron Corporation (GERN) was $1.47. Currently, the 1st Resistance Point for this stock is $1.50, with a 2nd Resistance Point sitting at $1.54. Meanwhile, this company’s stock has a 1st Support Level at $1.40 and a 2nd Support Level at $1.34. Geron Corporation (GERN) stock has gained $0.09, or 6.52%, in the past five days. In the last full month, these shares have lost -$0.19, or -11.45%. In the past three months, this stock’s price has fallen by -$0.17, or -10.37%. This year-to-date, Geron Corporation (GERN) shares have gained $0.47, or 47.00%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Geron Corporation (GERN) stock, 20% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 33% of long-term indicators suggest that this stock is a “ Sell .”

With 186,516 K shares outstanding, this company currently has a market capitalization of $255,527K. Geron Corporation (GERN) generates $1,070 K in annual sales, amounting to annual net income of -$27,020 K. This stock has generated a 1-Year Total Return of -61.52%, a 3-Year Total Return of -46.15%, and a 5-year Total Return of -52.27%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is -$0.09 per share. This estimate came from a total of 1 Wall Street Analysts. Of those market experts, the high estimate was -$0.09 and the low estimate was -$0.09. In the year-ago quarter, Geron Corporation (GERN) generated per-share earnings of -$0.04. If the analysts are correct about the current quarter’s earnings, the growth will be -125.00% .

Turning our focus now to insider trading activity, there have been 2 purchases (13,365 shares in total) and 1 sale (120,635 shares in total) in the last 3 months. In the last 6 months, there have been 5 insider buys amounting to 48,678 shares and 1 insider sales amounting to 120,635 shares. In the past full year, 24 insider purchases were made (involving 1,616,287 shares) and 14 insider sell-offs equivalent to 1,657,885 shares.

Moving onto liquidity, Geron Corporation (GERN) has a Current Ratio of 21.99, a Quick Ratio of 21.99 and a Cash Ratio of 21.66.