On Monday, Cingulate Inc (NASDAQ: CING) was 5.99% up from the session before settling in for the closing price of $9.69. A 52-week range for CING has been $1.80 – $187.20.
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When this article was written, the company’s average yearly earnings per share was at 94.84%.
In an organization with 13 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 183.51%, operating margin of 0.71%, and the pretax margin is 0.5%.
Cingulate Inc (CING) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cingulate Inc stocks. The insider ownership of Cingulate Inc is 15.13%, while institutional ownership is 3.28%. The most recent insider transaction that took place on Aug 15 ’24, was worth 841. In this transaction EVP and COO of this company sold 202 shares at a rate of $4.17, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 15 ’23, when Company’s Corporate Controller bought 5,000 for $0.67, making the entire transaction worth $3,348. This insider now owns 45,508 shares in total.
Cingulate Inc (CING) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -72 earnings per share (EPS) during the time that was better than consensus figure (set at -88.8) by 16.8. Wall Street market experts anticipate that the next fiscal year will bring earnings of -3.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 94.84% per share during the next fiscal year.
Cingulate Inc (NASDAQ: CING) Trading Performance Indicators
You can see what Cingulate Inc (CING) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -156.56, a number that is poised to hit -2.84 in the next quarter and is forecasted to reach -7.83 in one year’s time.
Technical Analysis of Cingulate Inc (CING)
Let’s dig in a bit further. During the last 5-days, its volume was 3.27 million. That was better than the volume of 1.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 45.37%. Additionally, its Average True Range was 2.58.
During the past 100 days, Cingulate Inc’s (CING) raw stochastic average was set at 44.51%, which indicates a significant increase from 44.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 719.70% in the past 14 days, which was higher than the 318.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.78, while its 200-day Moving Average is $24.81. However, in the short run, Cingulate Inc’s stock first resistance to watch stands at $11.59. Second resistance stands at $12.91. The third major resistance level sits at $13.94. If the price goes on to break the first support level at $9.24, it is likely to go to the next support level at $8.21. The third support level lies at $6.89 if the price breaches the second support level.
Cingulate Inc (NASDAQ: CING) Key Stats
There are 7,345K outstanding shares of the company, which has a market capitalization of 17.77 million. As of now, sales total 0 K while income totals -23,530 K. Its latest quarter income was 0 K while its last quarter net income were -3,210 K.
