Alpha Cognition (OTC:ACOGF) Shares Up 3%

Alpha Cognition Inc. (OTC:ACOGFGet Free Report)’s share price shot up 3% on Friday . The company traded as high as C$0.51 and last traded at C$0.51. 81,399 shares traded hands during trading, an increase of 142% from the average session volume of 33,657 shares. The stock had previously closed at C$0.50.

Alpha Cognition Price Performance

The company has a 50 day simple moving average of C$0.57 and a 200-day simple moving average of C$0.48. The stock has a market capitalization of C$55.54 million, a P/E ratio of -3.92 and a beta of 2.86.

Alpha Cognition Company Profile

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Alpha Cognition Inc, a clinical stage biopharmaceutical company, focuses on developing treatments for Alzheimer's disease and amyotrophic lateral sclerosis (ALS). It develops ALPHA-1062, an acetylcholine esterase inhibitor for the treatment of dementia of the Alzheimer's type and mild traumatic brain injury; ALPHA-0602, a gene therapy for the treatment of ALS; and ALPHA-0702 and ALPHA-0802, a granulin epithelin motifs for the treatment of neurodegenerative diseases.

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