Geron Corp (NASDAQ: GERN) has reported a loss for its third fiscal quarter (ending September 30) of $-0.04 versus a loss $-0.08 for the same period a year ago — a decline of -50%. E.P.S. were $-0.32 for the latest four quarters through September 30 versus $-0.33 for the same period a year ago — a decline of -3%.
Recent Price Action
On 11/7/24, Geron Corp (NASDAQ: GERN) stock rose modestly by 0.5%, closing at $4.29. Moreover, exceptionally high trading volume at 452% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 3.4% during the last week.
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 (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 7 but a very high Power Rating of 96, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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