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Geron Stock Hits New 52-Week Low (GERN)

NEW YORK ( TheStreet) -- Geron Corporation (Nasdaq: GERN) hit a new 52-week low Wednesday as it is currently trading at $2.31, below its previous 52-week low of $2.36 with one million shares traded as of 3:56 p.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Geron has a market cap of $323.2 million and is part of the health care sector and drugs industry. Shares are down 53.7% year to date as of the close of trading on Tuesday.

Geron Corporation, a biopharmaceutical company, develops biopharmaceuticals for the treatment of cancer and chronic degenerative diseases, including spinal cord injury, heart failure, and diabetes.
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TheStreet Ratings rates Geron as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Geron Ratings Report.

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