Cognition Therapeutics Inc (CGTX) 20 Days SMA touches -15.17%: The odds favor the bear

On Monday, Cognition Therapeutics Inc (NASDAQ: CGTX) was -5.64% drop from the session before settling in for the closing price of $0.63. A 52-week range for CGTX has been $0.34 – $2.95.

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When this article was written, the company’s average yearly earnings per share was at 4.46%. With a float of $33.64 million, this company’s outstanding shares have now reached $40.81 million.

The firm has a total of 28 workers. Let’s measure their productivity. In terms of profitability, gross margin is 48.66%, operating margin of -15707.53%, and the pretax margin is -9212.37%.

Cognition Therapeutics Inc (CGTX) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cognition Therapeutics Inc stocks. The insider ownership of Cognition Therapeutics Inc is 19.04%, while institutional ownership is 11.38%. The most recent insider transaction that took place on Jan 31 ’25, was worth 30,001. In this transaction CEO & President of this company bought 38,851 shares at a rate of $0.77, taking the stock ownership to the 38,851 shares. Before that another transaction happened on Mar 14 ’24, when Company’s CEO & President bought 5,700 for $1.75, making the entire transaction worth $9,975. This insider now owns 291,345 shares in total.

Cognition Therapeutics Inc (CGTX) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.38% during the next five years compared to -21.09% drop over the previous five years of trading.

Cognition Therapeutics Inc (NASDAQ: CGTX) Trading Performance Indicators

You can see what Cognition Therapeutics Inc (CGTX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.96, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.61 in one year’s time.

Technical Analysis of Cognition Therapeutics Inc (CGTX)

Analysing the last 5-days average volume posted by the [Cognition Therapeutics Inc, CGTX], we can find that recorded value of 0.71 million was lower than the volume posted last year of 1.22 million. As of the previous 9 days, the stock’s Stochastic %D was 13.85%. Additionally, its Average True Range was 0.07.

During the past 100 days, Cognition Therapeutics Inc’s (CGTX) raw stochastic average was set at 27.28%, which indicates a significant increase from 6.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.39% in the past 14 days, which was lower than the 107.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.6287, while its 200-day Moving Average is $1.0451. Now, the first resistance to watch is $0.6378. This is followed by the second major resistance level at $0.6763. The third major resistance level sits at $0.7034. If the price goes on to break the first support level at $0.5722, it is likely to go to the next support level at $0.5451. Should the price break the second support level, the third support level stands at $0.5066.

Cognition Therapeutics Inc (NASDAQ: CGTX) Key Stats

There are 41,548K outstanding shares of the company, which has a market capitalization of 24.89 million. As of now, sales total 0 K while income totals -25,790 K. Its latest quarter income was 0 K while its last quarter net income were -9,940 K.