Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Cingulate Inc’s stock clocked out at $4.88, down -9.12% from its previous closing price of $5.37. In other words, the price has decreased by -$9.12 from its previous closing price. On the day, 0.55 million shares were traded. CING stock price reached its highest trading level at $5.43 during the session, while it also had its lowest trading level at $4.84.
Ratios:
To gain a deeper understanding of CING’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 0.33.
Upgrades & Downgrades
In the most recent recommendation for this company, ROTH MKM on January 10, 2025, initiated with a Buy rating and assigned the stock a target price of $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CING now has a Market Capitalization of 36337876 and an Enterprise Value of 31434600.
Stock Price History:
The Beta on a monthly basis for CING is -0.77, which has changed by 0.0061855316 over the last 52 weeks, in comparison to a change of 0.15024745 over the same period for the S&P500. Over the past 52 weeks, CING has reached a high of $6.74, while it has fallen to a 52-week low of $3.20. The 50-Day Moving Average of the stock is 15.89%, while the 200-Day Moving Average is calculated to be 17.16%.
Shares Statistics:
It appears that CING traded 186.15K shares on average per day over the past three months and 322790 shares per day over the past ten days. A total of 7.45M shares are outstanding, with a floating share count of 7.33M. Insiders hold about 1.59% of the company’s shares, while institutions hold 3.90% stake in the company. Shares short for CING as of 1767139200 were 324295 with a Short Ratio of 1.74, compared to 1764288000 on 284869. Therefore, it implies a Short% of Shares Outstanding of 324295 and a Short% of Float of 4.65.
Earnings Estimates
The dynamic stock of Cingulate Inc (CING) is currently attracting attention from 5.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$0.86, with high estimates of -$0.49 and low estimates of -$1.44.
Analysts are recommending an EPS of between -$3.65 and -$35.28 for the fiscal current year, implying an average EPS of -$11.82. EPS for the following year is -$1.41, with 4.0 analysts recommending between -$0.6 and -$2.54.
