Compugen Ltd. (NASDAQ:CGEN) is a stock that investors should take a bite out of.

The price of Compugen Ltd. (NASDAQ: CGEN) closed at $0.87 in the last session, up 4.22% from day before closing price of $0.83. In other words, the price has increased by $+0.0350 from its previous closing price. On the day, 553146 shares were traded. CGEN stock price reached its highest trading level at $0.8712 during the session, while it also had its lowest trading level at $0.8300.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

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Ratios:

We take a closer look at CGEN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.20 and its Current Ratio is at 6.20. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

On May 13, 2020, Stifel started tracking the stock assigning a Buy rating and target price of $19.Stifel initiated its Buy rating on May 13, 2020, with a $19 target price.

Stock Price History:

Over the past 52 weeks, CGEN has reached a high of $4.06, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is 0.9154, while the 200-Day Moving Average is calculated to be 1.4213.

Shares Statistics:

According to the various share statistics, CGEN traded on average about 716.63K shares per day over the past 3-months and 692.98k shares per day over the past 10 days. A total of 86.62M shares are outstanding, with a floating share count of 81.78M. Insiders hold about 12.00% of the company’s shares, while institutions hold 26.30% stake in the company. Shares short for CGEN as of Oct 13, 2022 were 2.83M with a Short Ratio of 1.97M, compared to 2.12M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.26% and a Short% of Float of 3.80%.

Earnings Estimates

The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.12, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.09 and low estimates of -$0.11.

Analysts are recommending an EPS of between -$0.38 and -$0.45 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is -$0.47, with 2 analysts recommending between -$0.42 and -$0.52.