Ideas And Forecasts On CERo Therapeutics Holdings Inc. (NASDAQ: CERO)

CERo Therapeutics Holdings Inc. (NASDAQ:CERO) currently has a daily average trading volume of 5.49M but it saw 2023293 shares traded in last market. With a market cap of 4.42M USD, the company’s current market price of $0.09 came falling about -7.13 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.80 and as low as $0.09. In the recent trading on the day, stock has struck highest price mark of $0.0722 while lowest mark touched by it was $0.0938.

Taking a look at 20-day trading activity of CERo Therapeutics Holdings Inc. (CERO) gives us an average price of $0.1250, while its current price level is -99.33% below from 52-week high level whereas it is -5.49% 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 $0.1615 while that of 200 days or SMA-200 reads an average of $3.6908. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.02% during that period while stretching the period over a month that decreases to 11.07%. 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 25.31 which implies that the stock is in oversold territory.

Over the week, CERO’s stock price is moving -22.45% down while it is -45.22% when we observe its performance for the past one month. Year-to-date it is -99.22% down and over the past year, the stock is showing a downside performance of -99.21%.

Currently, CERo Therapeutics Holdings Inc.’s total number of outstanding shares is 51.35M. Company’s return on investment (ROI) stands at -682.23% and return on equity (ROE) at -4090.08%. Stock’s beta reads -0.38. Its return on asset (ROA) is -45.32% on average.