Geron Corp (NASDAQ: GERN) stock closed at $4.59 on 6/7/24 after a major increase of 18.0%. Moreover, exceptionally high trading volume at 885% of normal accompanied the advance. The stock has risen 32.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, GERN is expected to be a modest Value Builder.
Geron has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Geron has a very low Appreciation Score of 4 but a very high Power Rating of 90, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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