CERo Therapeutics Holdings Inc (CERO) Reports -98.64% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

CERo Therapeutics Holdings Inc (NASDAQ:CERO) does about 63.12M shares in volume on a normal day but saw 8796260 shares change hands in the recent trading day. The company now has a market cap of 26.08M USD. Its current market price is $0.17, marking a decrease of -20.45% compared to the previous close of $0.22. The 52 week high reached by this stock is $12.80 whilst the lowest price level in 52 weeks is $0.06.

CERo Therapeutics Holdings Inc (CERO) has a 20-day trading average at $0.1613 and the current price is -98.64% off the 52-week high compared with 172.80% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1200 and its 200-day simple moving average is $0.9462. If we look at the stock’s price movements over the week, volatility stands at 21.09%, which increases to 22.75% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.22 to suggest the stock is neutral.

The current price level is 7.54%, 44.56%, and -81.66% away from its SMA20, SMA50, and SMA200 respectively, with the CERO price moving below the 50-day SMA on current market day. CERo Therapeutics Holdings Inc (CERO) stock is down -27.62% over the week and 125.32% over the past month. Its price is -98.42% year-to-date and -98.41% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 51.35M with insiders holding 55.42% of the shares and institutional holders owning 5.08% of the company’s common stock. The company has a return on equity of -4090.08%. The beta has a value of 0.25.