Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Cognition Therapeutics Inc’s current trading price is -80.00% away from its 52-week high, while its distance from the 52-week low is 73.56%. The stock’s price range over this period has fluctuated between $0.34 and $2.95. The company, operating within the financial sector, had a trading volume of approximately 0.38 million for the day, which was noticeably lower than the average daily share volume of 7.65 million over the last 3 months.
In terms of market performance, Cognition Therapeutics Inc had a fairly uneven. The highest value for the stock in the past year was $2.95 on 05/23/24, and the lowest value was recorded at $0.34 on 10/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cognition Therapeutics Inc (CGTX) has experienced a quarterly decline of -1.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.52M and boasts a workforce of 28 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5556, with a change in price of +0.0105. Similarly, Cognition Therapeutics Inc recorded 4,915,723 in trading volume during the last 100 days, posting a change of +1.81%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CGTX stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
CGTX Stock Stochastic Average
Today’s raw stochastic average for Cognition Therapeutics Inc over the last 50 days is 23.50%.This indicates a increase from the raw stochastic average of the past 20 days, which was 7.83%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 10.20% and 9.21%, respectively.
CGTX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -15.86%. However, over the past six months, we’ve seen a stronger performance of -4.16%. The price of CGTX leaped by -16.48% over the last 30 days. And in the last five days, it has fallen by -7.07%.
