Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $0.28 in the prior trading day, Cognition Therapeutics Inc (NASDAQ: CGTX) closed at $1.09M, up 907582%. In other words, the price has increased by $907582 from its previous closing price. On the day, 0.91 million shares were traded. CGTX stock price reached its highest trading level at $0.2881 during the session, while it also had its lowest trading level at $0.255.
Ratios:
Our goal is to gain a better understanding of CGTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on December 19, 2024, Upgraded its rating to Buy and sets its target price to $1.50 from $1 previously.
On November 03, 2021, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $22.Oppenheimer initiated its Outperform rating on November 03, 2021, with a $22 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 31 ’25 when Ricciardi Lisa bought 38,851 shares for $0.77 per share. The transaction valued at 30,001 led to the insider holds 38,851 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CGTX now has a Market Capitalization of 15808215 and an Enterprise Value of 15226.
Stock Price History:
The Beta on a monthly basis for CGTX is 0.74, which has changed by -0.8621622 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, CGTX has reached a high of $2.54, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -24.66%, while the 200-Day Moving Average is calculated to be -47.53%.
Shares Statistics:
The stock has traded on average 1.09M shares per day over the past 3-months and 818860 shares per day over the last 10 days, according to various share statistics. A total of 61.97M shares are outstanding, with a floating share count of 50.25M. Insiders hold about 18.94% of the company’s shares, while institutions hold 9.13% stake in the company. Shares short for CGTX as of 1748563200 were 757886 with a Short Ratio of 0.69, compared to 1745971200 on 912904. Therefore, it implies a Short% of Shares Outstanding of 757886 and a Short% of Float of 1.3599999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
