Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Alpha Cognition Inc’s current trading price is -49.37% away from its 52-week high, while its distance from the 52-week low is 130.67%. The stock’s price range during this period has varied between $3.75 and $17.09. The company, active in the Healthcare sector, saw a trading volume of around 0.67 million for the day, considerably higher average daily volume of 68910.0 observed over the last three months.
Alpha Cognition Inc’s stock has seen a rocky market performance.
How Financial Performance Impacts Market Capitalization
Alpha Cognition Inc (ACOG) has experienced a quarterly rise of 43.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 138.57M.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.70, with a change in price of +3.65. Similarly, Alpha Cognition Inc recorded 87,748 in trading volume during the last 100 days, posting a change of +73.03%.
How ACOG’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ACOG stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ACOG Stock Stochastic Average
As of today, the raw stochastic average of Alpha Cognition Inc over the past 50 days is 82.63%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 81.20%. Additionally, the Stochastic %K and %D values for the company were 68.25% and 65.83%, respectively, over the past 20 days.
ACOG Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 46.86%. However, over the past six months, we’ve seen a weaker performance of 51.75%. The price of ACOG fallen by 103.53% over the last 30 days. And in the last five days, it has surged by 16.42%.
