The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Cognition Therapeutics Inc’s stock clocked out at $0.43, down -5.29% from its previous closing price of $0.46. In other words, the price has decreased by -$5.29 from its previous closing price. On the day, 0.62 million shares were traded. CGTX stock price reached its highest trading level at $0.4642 during the session, while it also had its lowest trading level at $0.4259.
Ratios:
To gain a deeper understanding of CGTX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
On November 03, 2021, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $22.
On November 03, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $27.B. Riley Securities initiated its Buy rating on November 03, 2021, with a $27 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 14 ’24 when Ricciardi Lisa bought 5,700 shares for $1.75 per share. The transaction valued at 9,975 led to the insider holds 291,345 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 18011058 and an Enterprise Value of -7191977.
Stock Price History:
Over the past 52 weeks, CGTX has reached a high of $2.95, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -6.17%, while the 200-Day Moving Average is calculated to be -66.48%.
Shares Statistics:
It appears that CGTX traded 1.45M shares on average per day over the past three months and 6401160 shares per day over the past ten days. A total of 40.81M shares are outstanding, with a floating share count of 34.99M. Insiders hold about 15.78% of the company’s shares, while institutions hold 10.36% stake in the company. Shares short for CGTX as of 1730332800 were 815696 with a Short Ratio of 0.50, compared to 1727654400 on 531392. Therefore, it implies a Short% of Shares Outstanding of 815696 and a Short% of Float of 2.94.
