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The closing price of Cognition Therapeutics Inc (NASDAQ: CGTX) was $0.59 for the day, down -1.68% from the previous closing price of $0.60. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 1.14 million shares were traded. CGTX stock price reached its highest trading level at $0.6368 during the session, while it also had its lowest trading level at $0.5275.
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 3.07 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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:
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 24079778 and an Enterprise Value of -4049566.
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 5.57%, while the 200-Day Moving Average is calculated to be -62.42%.
Shares Statistics:
CGTX traded an average of 1.18M shares per day over the past three months and 772860 shares per day over the past ten days. A total of 40.13M shares are outstanding, with a floating share count of 33.80M. Insiders hold about 15.78% of the company’s shares, while institutions hold 13.31% stake in the company. Shares short for CGTX as of 1727654400 were 531392 with a Short Ratio of 0.45, compared to 1724976000 on 914908. Therefore, it implies a Short% of Shares Outstanding of 531392 and a Short% of Float of 1.91.
