Shares of Cerus Corporation (NASDAQ:CERS) opened at $5.98, and ended 5.72% higher at $6.28. Nearly 1070998 shares were traded by the close, higher than its average daily volume of 582460 shares.Cerus Corporation (CERS) Analyst Opinion
Cerus Corporation is currently rated as outperform by 5 stock analysts, with the company still having around 2.82% shares outstanding that can be sold short legally. The value of their shares went up by 11.94% last month. Over the course of a year, the stock has grown by 23.87%. Financial analysts are becoming more bullish than ever, with the 4 analysts who cover the activities of CERS advising investors to buy. Experts on Wall Street have set a price target of $8.88 for the stock. The decision was arrived after looking at their 41.4% gain from current levels. At the moment, Cerus Corporation (CERS) trading price is around -21.99% below its 52-week high.Cerus Corporation Earnings Surprise
Cerus Corporation (CERS) was unsuccessful in overcoming the expected -$0.1 as the stock recorded an earnings of -$0.11 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of 2.82% from the previous quarter, with the company recording $20.02 million in revenue.Cerus Corporation (NASDAQ:CERS) Intraday View
The shares of Cerus Corporation (NASDAQ:CERS) have struggled and recovered 65.26% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 3.49%, increasing the time frame to a month, the volatility recorded was 3.21%. The price of their shares has been successful in staying above its 20 days moving average, staying at a distance of 8.9% and while its 50 moving average is around 13.71%. A look at previous five trading session CERS stock had returned 4.67% and sank -1.76% when compared to its 200-day moving average that is $6.26. Cerus Corporation (CERS) will look to keep its 59.8% increase that it witnessed in the past one year.
As the normal trading session ended, the stock of Multi-Color Corporation (NASDAQ:LABL), fetched in a $-7.66 retreat to $43.28. The session began with the stock price at $40.95, hitting a high of $44.26 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.4. Multi-Color Corporation gets 2 buy analyst recommendations while 2 recommend a hold and 0 rated it as a sell. The shares of the company tumbled -39.84% from its high $71.94, with their overall market value now roughly $883.78 million.Multi-Color Corporation (LABL) Consensus Price Target
The mean recommendation of LABL on Reuter’s scale remained unchanged from 2.4 to 2.4 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for Multi-Color Corporation (NASDAQ:LABL) is now around $54.5 a share, implying the stock has what it takes to grow by 25.92%. The recent trading session also indicated the stock needs to add 59.43% more meet analysts’ high consensus price target.Multi-Color Corporation (NASDAQ:LABL) Intraday Trading
The current trading volume of the company was 1186799 shares during the last session. That compares with the recent average volume of 366020 shares. By the end of the regular trading session, the price volatility over a 1-week span was 3.75 % while over a month it stood at 3.77%. The stock price of LABL dropped to $40.95 during the day and at a certain time in 12 months it traded as low as $29.95. It has made a 44.48% recovery since its 52-week low point and has returned 23.34% year-to-date.