Let’s start up with the current stock price of Cerecor Inc. (CERC), which is $2.20 to be very precise. The Stock rose vividly during the last session to $2.27 after opening rate of $2.25 while the lowest price it went was recorded $2.09 before closing at $2.25.
Recently in News on May 13, 2021, Cerecor Reports First Quarter 2021 Financial Results and Provides Business Updates. Announced CERC-002 received Fast Track Designation from the U.S. Food and Drug Administration, following positive Phase 2 clinical trial for the treatment of patients hospitalized with COVID-19 ARDS. You can read further details here
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 $4.50 on 02/22/21, with the lowest value was $2.06 for the same time period, recorded on 05/13/21.
Cerecor Inc. (CERC) full year performance was -1.79%
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 -51.11% during the 52-week period from high price, and 11.11% 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 $1.98 and $4.50.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1178413 for the day, which was evidently lower, 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 -16.67%, having the revenues showcasing -44.44% 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 214.81M, as it employees total of 32 workers.
Market experts do have their say about Cerecor Inc. (CERC)
During the last month, 0 analysts gave the Cerecor Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 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 3.06, with a change in the price was noted -0.44. In a similar fashion, Cerecor Inc. posted a movement of -16.67% for the period of last 100 days, recording 1,589,671 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 breakdown of Cerecor Inc. (CERC)
Raw Stochastic average of Cerecor Inc. in the period of last 50 days is set at 9.52%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.29%. In the last 20 days, the company’s Stochastic %K was 11.49% and its Stochastic %D was recorded 17.60%.
Bearing in mind the latest performance of Cerecor Inc., several 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 -16.67%. Additionally, trading for the stock in the period of the last six months notably improved by 0.92%, alongside a downfall of -1.79% for the period of the last 12 months. The shares increased approximately by -19.12% in the 7-day charts and went down by -15.38% in the period of the last 30 days. Common stock shares were lifted by -44.44% during last recorded quarter.