Cambridge Cognition (LON:COG) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Cambridge Cognition Holdings Plc (LON:COG)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 36.24 and traded as high as GBX 39. Cambridge Cognition shares last traded at GBX 35.02, with a volume of 66,116 shares.

Cambridge Cognition Stock Down 8.8%

The firm’s fifty day moving average price is GBX 36.24 and its 200-day moving average price is GBX 34.89. The company has a market capitalization of £16.30 million, a price-to-earnings ratio of -8.98 and a beta of 0.73. The company has a debt-to-equity ratio of 28.66, a current ratio of 0.40 and a quick ratio of 0.96.

Cambridge Cognition (LON:COG) last announced its quarterly earnings results on Monday, April 13th. The company reported GBX (3.90) earnings per share (EPS) for the quarter. The company had revenue of GBX 940 million for the quarter. Cambridge Cognition had a negative return on equity of 62.89% and a negative net margin of 17.82%. Sell-side analysts expect that Cambridge Cognition Holdings Plc will post 1.0293539 earnings per share for the current fiscal year.

Cambridge Cognition Company Profile

Cambridge Cognition Holdings Plc, a neuroscience technology company, develops and markets near-patient cognitive testing techniques in the United States, United Kingdom, the European Union, and internationally. The company offers CANTAB digital cognitive assessment platform for drug development by enabling pharmaceutical companies to take new therapeutics from preclinical consultancy to pivotal studies and approval, as well as supports sponsors to enhance recruitment, develop safe and effective treatments, and enhance research and development efficiency.