The Week Ahead: Are Investors Really Too Optimistic About CERo Therapeutics Holdings Inc (NASDAQ: CERO)

CERo Therapeutics Holdings Inc (NASDAQ:CERO) currently has a daily average trading volume of 65.28M but it saw 4189216 shares traded in last market. With a market cap of 26.00M USD, the company’s current market price of $0.17 came falling about -0.12 while comparing to the previous closing price of $0.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.80 and as low as $0.06. In the recent trading on the day, stock has struck highest price mark of $0.1557 while lowest mark touched by it was $0.173.

Taking a look at 20-day trading activity of CERo Therapeutics Holdings Inc (CERO) gives us an average price of $0.1906, while its current price level is -98.65% below from 52-week high level whereas it is 172.01% 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 $0.1299 while that of 200 days or SMA-200 reads an average of $0.7998. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.46% during that period while stretching the period over a month that increases to 27.08%. 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 50.54 which implies that the stock is in neutral territory.

Over the week, CERO’s stock price is moving 17.69% up while it is 130.36% when we observe its performance for the past one month. Year-to-date it is -98.43% down and over the past year, the stock is showing a downside performance of -98.41%.

Currently, CERo Therapeutics Holdings Inc’s total number of outstanding shares is 147.54M. Company’s return on equity (ROE) at -4090.08%. Stock’s beta reads 0.29. Its return on asset (ROA) is -108.70% on average.