Published on 10 Jan 2024 on Simply Wall St. via Yahoo Finance
Shareholders in Cerus (NASDAQ:CERS) are in the red if they invested three years ago
It is a pleasure to report that the Cerus Corporation (NASDAQ:CERS) is up 39% in the last quarter. But that doesn't change the fact that the returns over the last three years have been stomach churning. The share price has sunk like a leaky ship, down 73% in that time. Arguably, the recent bounce is to be expected after such a bad drop. Of course the real question is whether the business can sustain a turnaround.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
Check out our latest analysis for Cerus