Nov. 9 at 10:35 PM
$CERS Friends! Can you see short-term run for 2 or 3 dollars? Wall Street Zen has upgraded Cerus from "hold" to Buy.
Shares were trading up 21.3% (opened at
$1.71) with a market cap of
$327.8M and a negative PE (-17.1), highlighting volatility and a low valuation.
Recent Q2 results showed EPS of -
$0.03 (missed estimates by
$0.01) but revenue of
$60.1M beat expectations, and institutional ownership is high at 78.37% with several hedge funds increasing stakes. Do your own homework friends. Enjoy!