CERS - Cerus Corporation Looks to Continue to Trade Below its Annual-Low Share Price Today

Cerus Corporation (NASDAQ:CERS) traded today at a new 52-week low of $5.11. Approximately 223,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.

Cerus Corp is a biomedical products company focused in the field of blood transfusion safety. The INTERCEPT Blood System is designed to reduce the risk of transfusion-transmitted infections by inactivating a broad range of pathogens such as viruses, bacteria, and parasites. The company sells its INTERCEPT platelet and plasma systems in the United States of America, Europe, the Commonwealth of Independent States countries, the Middle East and selected countries in other regions around the world. The firm continues to operate in only one segment: Blood safety and generates revenue from the same.

In the past 52 weeks, Cerus Corporation share prices are bracketed by a current low of $5.11 and a high of $8.87 and is now at $5.24.

Cerus Corporation has overhead space with shares priced $5.24, or 7.3% below the average consensus analyst price target of $5.65.

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