Certara (NASDAQ:CERT) Downgraded by Zacks Investment Research to Sell

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Certara stock has undergone multiple analysts rating changes in the recent past.  Certara Downgraded by Zacks Investment Research on 10/18/2021. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of Certara traded down -$1.24 on Monday, reaching $36.60. 352922 shares of the stock traded hands, compared to its average volume of 1394606. Shares of Certara were trading at $36.60 on Monday. The firm’s 50 day moving average is $33.30 and its 200 day moving average is $30.65.Certara has a 12 month low of $36.03 and a 12 month high of $41.79. While on yearly highs and lows, Certara’s today has traded high as $37.88 and has touched $36.03 on the downward trend. See More Analyst Rating at: RATING

Certara Earnings and What to expect: 

Certara last released its quarterly earnings data on August 5th, 2021. The reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by $0.02. The business had revenue of $70.10 million for the quarter, compared to the consensus estimate of $68.69 million. Certara has generated ($0.32) earnings per share over the last year. Earnings for Certara are expected to grow by 135.71% in the coming year, from $0.14 to $0.33 per share. Certara has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for Certara are expected to grow by 135.71% in the coming year, from $0.14 to $0.33 per share. The P/E ratio of Certara is -114.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Certara is -114.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Certara has a PEG Ratio of 7.71. PEG Ratios above 1 indicate that a company could be overvalued. Certara has a P/B Ratio of 6.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Certara (NASDAQ:CERT) Moving Average Technical Analysis

5 day Moving Average is $37.03 And 5 day price change is $3.09 (9.22%)  with average volume for 5 day average is 587,300. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $34.94 and 20 day price change is $2.19 (6.36%) and average 20 day moving volume is 664,195. 50 day moving average is $33.30  and 50 day price change is $8.03 ( 28.11%)  and with average volume for 50 days is : 1,052,706. 200 day moving average is $30.65  and 200 day price change is $2.88 (0.0854)  and with average volume for 200 days is : 682,106.

Other owners latest trading in Certara :

  • On 10/15/2021 shares held by Fifth Third Bancorp were 2,059 which equates to market value of $68K and appx 0.00% owners of Certara
  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 14,917 which equates to market value of $0.42M and appx 0.00% owners of Certara
  • On 8/23/2021 shares held by Morgan Stanley were 418,242 which equates to market value of $11.85M and appx 0.00% owners of Certara
  • In total Institutional ownership equates to Institutional Ownership Percentage: 30.05% for Certara

See More Analyst Rating at: RATING