CERS - Watch for Continued Gains in Shares of Cerus Corporation (CERS)

Cerus Corporation (NASDAQ:CERS) traded today at a new 52-week high of $8.98. This new high was reached on above average trading volume as 141.1 million shares traded hands, while the average 30-day volume is approximately 1.5 million shares.

In the past 52 weeks, Cerus Corporation share prices are bracketed by a current low of $1.93 and a high of $8.05 and is now at $5.27.

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.

Cerus Corporation (NASDAQ:CERS) has potential upside of 7.6% based on a current price of $5.27 and analysts' consensus price target of $5.67.

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