On Friday, Cg Oncology Inc (NASDAQ: CGON) opened lower -0.38% from the last session, before settling in for the closing price of $28.87. Price fluctuations for CGON have ranged from $25.77 to $50.23 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -45.67%. Company’s average yearly earnings per share was noted -13.56% at the time writing. With a float of $41.40 million, this company’s outstanding shares have now reached $67.54 million.
Considering the fact that the conglomerate employs 61 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 97.81%, operating margin of -13969.15%, and the pretax margin is -10578.22%.
Cg Oncology Inc (CGON) Insider Activity
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Cg Oncology Inc is 38.78%, while institutional ownership is 61.80%. The most recent insider transaction that took place on Dec 06 ’24, was worth 34,542. In this transaction Director of this company sold 1,000 shares at a rate of $34.54, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 06 ’24, when Company’s Director proposed sale 4,000 for $33.56, making the entire transaction worth $134,240.
Cg Oncology Inc (CGON) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.56% per share during the next fiscal year.
Cg Oncology Inc (NASDAQ: CGON) Trading Performance Indicators
Check out the current performance indicators for Cg Oncology Inc (CGON). In the past quarter, the stock posted a quick ratio of 35.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2849.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.28, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach -1.83 in one year’s time.
Technical Analysis of Cg Oncology Inc (CGON)
Compared to the last year’s volume of 0.66 million, its volume of 1.08 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.84%. Additionally, its Average True Range was 2.08.
During the past 100 days, Cg Oncology Inc’s (CGON) raw stochastic average was set at 9.15%, which indicates a significant decrease from 12.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.19% in the past 14 days, which was higher than the 50.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.28, while its 200-day Moving Average is $35.49. Nevertheless, the first resistance level for the watch stands at $29.95 in the near term. At $31.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.32. If the price goes on to break the first support level at $27.58, it is likely to go to the next support level at $26.39. Should the price break the second support level, the third support level stands at $25.21.
Cg Oncology Inc (NASDAQ: CGON) Key Stats
There are currently 67,630K shares outstanding in the company with a market cap of 1.94 billion. Presently, the company’s annual sales total 200 K according to its annual income of -48,610 K. Last quarter, the company’s sales amounted to 40 K and its income totaled -20,410 K.
