In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
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, Cognition Therapeutics Inc’s stock clocked out at $1.33, down -43.88% from its previous closing price of $2.37. In other words, the price has decreased by -$43.88 from its previous closing price. On the day, 26.17 million shares were traded. CGTX stock price reached its highest trading level at $2.05 during the session, while it also had its lowest trading level at $1.3.
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 4.00 and its Current Ratio is at 4.00. In the meantime, Its Debt-to-Equity ratio is 0.02 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 this company, Oppenheimer on November 03, 2021, initiated with a Outperform rating and assigned the stock a target price of $22.
On November 03, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $27.
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 53277808 and an Enterprise Value of 19640802.
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 $0.90. The 50-Day Moving Average of the stock is -33.28%, while the 200-Day Moving Average is calculated to be -26.79%.
Shares Statistics:
It appears that CGTX traded 246.38K shares on average per day over the past three months and 3362370 shares per day over the past ten days. A total of 40.06M shares are outstanding, with a floating share count of 33.72M. Insiders hold about 15.81% of the company’s shares, while institutions hold 17.83% stake in the company. Shares short for CGTX as of 1721001600 were 214807 with a Short Ratio of 0.87, compared to 1718323200 on 180713. Therefore, it implies a Short% of Shares Outstanding of 214807 and a Short% of Float of 0.7799999999999999.
