Economy

GERN) — Geron Corporation (NASDAQ

Among new and sold out positions, 16 holders initiated new positions by a total of 321934 shares and 14 holders exited their positions by a total of 279533 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Geron Corporation (NASDAQ:GERN). Vanguard Group Inc. now owns 7,112,183 shares of the biopharmaceutical company's stock worth $16,145,000 after acquiring an additional 502,485 shares during the last quarter. Swiss National Bank owned 0.16% of Geron Corp. worth $674,000 at the end of the most recent quarter. The stock exchanged hands with 1,960,479 numbers of shares compared to its average daily volume of 1.07M shares.

As of the end of the quarter Raymond James Financial Services Advisors, Inc. had bought 24,370 shares growing its stake by 42.0%. Pacad Investment Ltd. now owns 92,900 shares of the biopharmaceutical company's stock worth $271,000 after buying an additional 51,900 shares during the last quarter. The stock carved out a 52-week low down at $1.81. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. Insider ownership increased by a total of 18206 shares, which suggests that GERN's key executives are feeling more optimistic about the outlook for the stock. GERN's latest closing price was -13.44% away from the average price of 200 days while it maintained a distance of -4.24% from the 50 Day Moving Average and -3.73% away compared to its SMA 20. (Janssen). The company has market cap of $326.39 million.

While having a peek at profitability ratios Geron Corporation (NASDAQ:GERN) has trailing twelve month gross margin at 0%, its trailing twelve month operating margin stands at 0% whereas its trailing twelve month net profit margin spots at 0%.

Geron Corporation (GERN) reported earning per shares for the quarter ending Nov 01 AMC at -0.04, whereas, 2 number of analysts estimated the mean EPS at -0.05. However a year ago for the same quarter the company has reported $-0.02 EPS. Geron Corp. Geron Corp.'s revenue for the quarter was down 15.9% compared to the same quarter a year ago. During last 3 month period, 0.25% of total institutional ownership has changed in the company shares. Geron Corporation (GERN) now trades with a market capitalization of $326.32 Million. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock's price, but also to a gradual increase over time. Zacks Investment Research downgraded Geron Corporation from a "buy" rating to a "hold" rating in a research note on Tuesday, October 10th.

08/07/2015 - Geron Corporation had its "buy" rating reiterated by analysts at MLV & Co. It worsened, as 7 investors sold Geron Corporation shares while 26 reduced holdings. Currently, the stock has a 1 Year Price Target of $3.75.

Imetelstat marks as a telomerase inhibitor initially advanced by Geron and licensed to Janssen Biotech, Inc. on a global basis. The Company operates through the segment, which includes discovery and development of therapeutic products for oncology.



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