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Is This the Top for Cerus Corporation (CERS)

Zacks Equity Research

Cerus Corporation (CERS) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CERS is now in overbought territory with an RSI value of 75.1. Furthermore, estimates for the Cerus Corporation have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

CERUS CP (CERS): Free Stock Analysis ReportZacks Investment Research