Cerus Corporation (NASDAQ:CERS) traded today at a new 52-week low of $4.77. Approximately 223,000 shares have changed hands today, as compared to an average 30-day volume of 1.7 million shares.
Cerus Corporation share prices have moved between a 52-week high of $8.87 and the current low of $4.77 and are currently at $4.86 per share.
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.
There is potential upside of 16.3% for shares of Cerus Corporation based on a current price of $4.86 and an average consensus analyst price target of $5.65.
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