Financial Analysis: Cogent Biosciences Inc (COGT)’s Ratios Unveil Key Insights

Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Cogent Biosciences Inc’s stock clocked out at $9.92, down -0.90% from its previous closing price of $10.01. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 0.99 million shares were traded. COGT stock price reached its highest trading level at $10.16 during the session, while it also had its lowest trading level at $9.81.

Ratios:

To gain a deeper understanding of COGT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.25 and its Current Ratio is at 9.25. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.

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, Robert W. Baird on February 26, 2024, Downgraded its rating to Neutral and sets its target price to $8 from $14 previously.

On February 08, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $11.

Wedbush Downgraded its Outperform to Neutral on December 11, 2023, while the target price for the stock was maintained at $5.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COGT now has a Market Capitalization of 1085744000 and an Enterprise Value of 854836608.

Stock Price History:

Over the past 52 weeks, COGT has reached a high of $13.23, while it has fallen to a 52-week low of $3.67. The 50-Day Moving Average of the stock is 11.69%, while the 200-Day Moving Average is calculated to be 36.82%.

Shares Statistics:

It appears that COGT traded 1.10M shares on average per day over the past three months and 896730 shares per day over the past ten days. A total of 86.12M shares are outstanding, with a floating share count of 82.61M. Insiders hold about 24.52% of the company’s shares, while institutions hold 90.80% stake in the company. Shares short for COGT as of 1722384000 were 10106416 with a Short Ratio of 9.21, compared to 1719532800 on 9677866. Therefore, it implies a Short% of Shares Outstanding of 10106416 and a Short% of Float of 10.24.

Most Popular