On Tuesday, Cogent Biosciences Inc (NASDAQ: COGT) opened lower -15.84% from the last session, before settling in for the closing price of $11.87. Price fluctuations for COGT have ranged from $3.67 to $12.61 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -6.78%. Company’s average yearly earnings per share was noted 4.11% at the time writing. With a float of $86.06 million, this company’s outstanding shares have now reached $86.12 million.
The extent of productivity of a business whose workforce counts for 164 workers is very important to gauge. In terms of profitability, gross margin is 32.09%, operating margin of -4377.22%, and the pretax margin is -4063.08%.
Cogent Biosciences Inc (COGT) Insider Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Cogent Biosciences Inc is 21.37%, while institutional ownership is 90.13%.
Cogent Biosciences Inc (COGT) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.64 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.5) by -0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.11% per share during the next fiscal year.
Cogent Biosciences Inc (NASDAQ: COGT) Trading Performance Indicators
Check out the current performance indicators for Cogent Biosciences Inc (COGT). In the past quarter, the stock posted a quick ratio of 9.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.48, a number that is poised to hit -0.57 in the next quarter and is forecasted to reach -2.30 in one year’s time.
Technical Analysis of Cogent Biosciences Inc (COGT)
The latest stats from [Cogent Biosciences Inc, COGT] show that its last 5-days average volume of 1.66 million was superior to 1.43 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 32.27%. Additionally, its Average True Range was 0.74.
During the past 100 days, Cogent Biosciences Inc’s (COGT) raw stochastic average was set at 45.07%, which indicates a significant increase from 19.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.96% in the past 14 days, which was higher than the 57.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.09, while its 200-day Moving Average is $8.51. Now, the first resistance to watch is $11.52. This is followed by the second major resistance level at $13.06. The third major resistance level sits at $14.13. If the price goes on to break the first support level at $8.91, it is likely to go to the next support level at $7.84. Assuming the price breaks the second support level, the third support level stands at $6.30.
Cogent Biosciences Inc (NASDAQ: COGT) Key Stats
There are currently 109,450K shares outstanding in the company with a market cap of 1.09 billion. Presently, the company’s annual sales total 0 K according to its annual income of -192,410 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -58,950 K.
