Cambridge Cognition (LON:COG) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Cambridge Cognition Holdings Plc (LON:COG) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 35.43 and traded as low as GBX 30. Cambridge Cognition shares last traded at GBX 32.85, with a volume of 37,254 shares trading hands.

Cambridge Cognition Stock Up 4.3%

The company has a market cap of £17.68 million, a P/E ratio of -8.42 and a beta of 0.80. The company has a quick ratio of 0.96, a current ratio of 0.40 and a debt-to-equity ratio of 28.66. The company has a fifty day moving average of GBX 34.99 and a 200 day moving average of GBX 35.43.

Cambridge Cognition (LON:COG) last announced its earnings results on Monday, April 13th. The company reported GBX (3.90) earnings per share (EPS) for the quarter. The firm had revenue of GBX 940 million during the quarter. Cambridge Cognition had a negative return on equity of 62.89% and a negative net margin of 17.82%. On average, research analysts anticipate 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.