It’s Not A Fantasy To Think That CERo Therapeutics Holdings Inc. (CERO) Has Big Future Potential

CERo Therapeutics Holdings Inc. (NASDAQ:CERO) currently has a daily average trading volume of 5.12M but it saw 1971596 shares traded in last market. With a market cap of 6.86M USD, the company’s current market price of $0.13 came falling about -9.12 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.80 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.1331 while lowest mark touched by it was $0.1474.

Taking a look at 20-day trading activity of CERo Therapeutics Holdings Inc. (CERO) gives us an average price of $0.1435, while its current price level is -98.96% below from 52-week high level whereas it is 9.33% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2006 while that of 200 days or SMA-200 reads an average of $4.2297. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.91% during that period while stretching the period over a month that increases to 11.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.74 which implies that the stock is in neutral territory.

Over the week, CERO’s stock price is moving -3.12% down while it is -14.36% when we observe its performance for the past one month. Year-to-date it is -98.79% down and over the past year, the stock is showing a downside performance of -98.76%.

Currently, CERo Therapeutics Holdings Inc.’s total number of outstanding shares is 51.35M with 12.55% of that held by the insiders while 9.05% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -682.23% and return on equity (ROE) at -4090.08%. Stock’s beta reads -0.42. Its return on asset (ROA) is -45.32% on average.