What’s Happening To These Stocks? – Cerus Corporation (CERS), Civeo Corporation (CVEO)

The opening price for Cerus Corporation (NASDAQ:CERS) was $4.3 and the volume amounted to 1.42 million shares which compares with the average volume of 0.75 million shares. The company stock experienced a 2.82% move to arrive at $4.37.

Cerus Corporation (CERS) Analyst Opinion

Cerus Corporation has a consensus outperform rating from 5 Wall Street analysts, and the number of shares currently sold short amount to at least 7% of shares outstanding. The stock spiked 20.72% last month and is up 29.29 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover CERS having a buy-equivalent rating. Analysts have placed a $6.25 price target on Cerus Corporation, suggesting a 43.02% gain from recent close. It’s currently trading about -7.02% below its 52-week high.

Cerus Corporation Earnings Surprise

Cerus Corporation (CERS) surprised the stock market in its last reported earnings when it earned -$0.12 a piece versus the consensus-estimated -$0.15. Its revenue totaled $12.73 million up 33.72% from the previous quarter.

Cerus Corporation (NASDAQ:CERS) Intraday View

This stock (CERS) is ahead of its 52-week low with 126.42%. Its last month’s stock price volatility remained 5.23% which for the week stands at 4.43%. The share price has moved forward from its 20 days moving average, trading at a distance of 17.73% and stays 20.41% away from its 50 days moving average. Over the last five days, shares have managed 17.47% gains and now is up 42.24% since hitting its 200-day moving average of $2.95. Cerus Corporation (CERS) has made its way to a 12-month gain of 2.58%.

Turning to Civeo Corporation (NYSE:CVEO), its shares were trading at $3.13 a gain of $0.09, on the trading floor. The stock, after opening at $3.04, touched a high of $3.14 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. Civeo Corporation has 1 buy ratings, 1 holds and 0 sells even after the stock tumbled -16.09% from its high of $3.73 to a $409.68 million market value through last close.

Civeo Corporation (CVEO) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2 to 2 during a month. Analysts set a 12-month price target of $3.75 a share. The target implies a 19.81% spike from where the shares are currently trading. Also, the current price highlights a discount of 43.77% to analysts’ high consensus price target.

Civeo Corporation (NYSE:CVEO) Intraday Trading

The counter witnessed a trading volume of 1.88 million shares versus an average volume of 0.88 million shares during last trading session. Its last month’s stock price volatility remained 4.93% which for the week approaches 5.04%. The lowest price the stock reached in the last trading day was $3.02 and compares with the $1.57 52-week low. The stock recovered 99.36% since its low point and has performed 14.65% year-to-date.

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