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The closing price of Cognition Therapeutics Inc (NASDAQ: CGTX) was $0.74 for the day, down -2.73% from the previous closing price of $0.76. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 1.3 million shares were traded. CGTX stock price reached its highest trading level at $0.7599 during the session, while it also had its lowest trading level at $0.6711.
Ratios:
Our analysis of CGTX’s different ratios will help us gain a deeper understanding of the company. 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.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 31613890 and an Enterprise Value of -7191977.
Stock Price History:
The Beta on a monthly basis for CGTX is 0.91, which has changed by -0.63236713 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. 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 35.82%, while the 200-Day Moving Average is calculated to be -36.28%.
Shares Statistics:
CGTX traded an average of 7.45M shares per day over the past three months and 3705450 shares per day over the past ten days. A total of 40.81M shares are outstanding, with a floating share count of 35.21M. Insiders hold about 15.24% 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 0.24, compared to 1727654400 on 531392. Therefore, it implies a Short% of Shares Outstanding of 815696 and a Short% of Float of 2.94.
