Vigorous Gainers/Losers Roundup: Cerus Corporation (NASDAQ:CERS), Cempra, Inc. (NASDAQ:CEMP)

Several matter pinch shares of Cerus Corporation (NASDAQ:CERS) [Trend Analysis], as shares moving down -4.61% to $4.24 with a share volume of 789819. Cerus Corp. (CERS) declared that a loss of $13.5 million in its fourth quarter.The Concord, California-based company said it had a loss of 13 cents per share.The biomedical products company posted revenue of $12 million in the period.For the year, the company declared that its loss widened to $62.9 million, or 62 cents per share. Revenue was declared as $39.3 million. The stock is going forward its 52-week low with 12.01% and moving down from its 52-week high price with -44.44%. To have technical analysis views, liquidity ratio of a company was calculated 3.50 as evaluated with its debt to equity ratio of 0.33. The float short ratio was 15.16%, as compared to sentiment indicator; Short Ratio was 16.95.

Cempra, Inc. (NASDAQ:CEMP) [Trend Analysis] luring active investment momentum, shares an increase 4.17% to $3.75. Cempra, Inc. (CEMP) reported that the company has retained Morgan Stanley & Co. LLC as financial advisor to the company and to lead its recently reported process to review strategic business options.The goal of this process is for Cempra to determine the best use of its important cash resources and clinical programs to deliver value to patients and shareholders through internal and/or potential external opportunities. As of December 31, 2016, Cempra had cash and equivalents of $231.6 million. The total volume of 1.89 Million shares held in the session was surprisingly higher than its average volume of 2774.99 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -12.10%, and looking further price to next year’s EPS is -19.70%. While take a short look on price to sales ratio, that was 10.91.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

Leave a Reply

Your email address will not be published. Required fields are marked *