Should You Sell CERo Therapeutics Holdings Inc. (CERO) And Go Away This Year?

CERo Therapeutics Holdings Inc. (NASDAQ:CERO) currently has a daily average trading volume of 10.56M but it saw 8779421 shares traded in last market. With a market cap of 4.52M USD, the company’s current market price of $0.09 came falling about -14.23 while comparing to the previous closing price of $0.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.80 and as low as $0.07. In the recent trading on the day, stock has struck highest price mark of $0.088 while lowest mark touched by it was $0.1007.

Taking a look at 20-day trading activity of CERo Therapeutics Holdings Inc. (CERO) gives us an average price of $0.0955, while its current price level is -99.31% below from 52-week high level whereas it is 21.88% 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 $0.1295 while that of 200 days or SMA-200 reads an average of $2.9360. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.57% during that period while stretching the period over a month that increases to 26.10%. 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 39.94 which implies that the stock is in neutral territory.

Over the week, CERO’s stock price is moving -12.00% down while it is -23.74% when we observe its performance for the past one month. Year-to-date it is -99.20% down and over the past year, the stock is showing a downside performance of -99.19%.

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 -0.50. Its return on asset (ROA) is -45.32% on average.