Time to Buy Beat-Down Cerecor Inc. (CERC) Stock? Here is the INSIGHT

For the readers interested in the stock health of Cerecor Inc. (CERC). It is currently valued at $2.50. When the transactions were called off in the previous session, Stock hit the highs of $2.77, after setting-off with the price of $2.70. Company’s stock value dipped to $2.50 during the trading on the day. When the trading was stopped its value was $2.91.

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Recently in News on January 8, 2021, Cerecor Inc. Announces Pricing of $36.4 Million Public Offering of Common Stock and Pre-Funded Warrants. Cerecor Inc. (Nasdaq: CERC), a biopharmaceutical company focused on becoming a leader in development and commercialization of treatments for rare pediatric and orphan diseases, announced today that it has entered into an underwriting agreement with Jefferies LLC under which the underwriters agreed to purchase, on a firm commitment basis, 12,323,077 shares of common stock of the Company, at a public offering price of $2.60 per share (the “Public Offering Price”). In addition, and in lieu of common stock, the Company is offering to a certain existing investor pre-funded warrants to purchase up to an aggregate of 1,676,923 shares of common stock at a purchase price of $2.599 per pre-funded warrant, which represents the per share public offering price for the common stock less the $0.001 per share exercise price for each pre-funded warrant. The offering is expected to close on or about January 12, 2021, subject to customary closing conditions. You can read further details here


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Cerecor Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.18 on 01/05/21, with the lowest value was $2.50 for the same time period, recorded on 01/08/21.

Cerecor Inc. (CERC) full year performance was -46.58%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Cerecor Inc. shares are logging -51.92% during the 52-week period from high price, and 64.47% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.52 and $5.20.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 3711984 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Cerecor Inc. (CERC) recorded performance in the market was -5.30%, having the revenues showcasing 2.04% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 218.00M, as it employees total of 18 workers.

The Analysts eye on Cerecor Inc. (CERC)

During the last month, 1 analysts gave the Cerecor Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.46, with a change in the price was noted -0.17. In a similar fashion, Cerecor Inc. posted a movement of -6.37% for the period of last 100 days, recording 368,498 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CERC is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical rundown of Cerecor Inc. (CERC)

Raw Stochastic average of Cerecor Inc. in the period of last 50 days is set at 43.33%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.00%. In the last 20 days, the company’s Stochastic %K was 55.84% and its Stochastic %D was recorded 51.94%.

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Considering, the past performance of Cerecor Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -5.30%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -2.72%, alongside a downfall of -46.58% for the period of the last 12 months. The shares increased approximately by -5.30% in the 7-day charts and went up by -6.37% in the period of the last 30 days. Common stock shares were driven by 2.04% during last recorded quarter.

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