Rosalind Advisors Inc. Invests $1.49 Million in Alpha Cognition, Inc. (NASDAQ:ACOG)

Rosalind Advisors Inc. purchased a new stake in Alpha Cognition, Inc. (NASDAQ:ACOGFree Report) during the 4th quarter, HoldingsChannel reports. The fund purchased 252,753 shares of the company’s stock, valued at approximately $1,489,000. Alpha Cognition makes up approximately 0.7% of Rosalind Advisors Inc.’s holdings, making the stock its 22nd largest position.

Analyst Ratings Changes

Separately, HC Wainwright began coverage on Alpha Cognition in a report on Tuesday. They set a “buy” rating and a $20.00 price objective for the company.

Check Out Our Latest Report on Alpha Cognition

Alpha Cognition Stock Performance

NASDAQ:ACOG opened at $5.37 on Friday. The firm has a market capitalization of $86.03 million, a price-to-earnings ratio of -2.10 and a beta of 2.50. Alpha Cognition, Inc. has a 12 month low of $4.66 and a 12 month high of $7.00. The company has a 50-day moving average price of $5.90.

About Alpha Cognition

(Free Report)

Alpha Cognition, Inc is a clinical stage biopharmaceutical company that develops treatments for underserved neurodegenerative diseases such as Alzheimer’s Dementia and Amyotrophic Lateral Sclerosis. The company was founded in 2000 and is headquartered in Vancouver, Canada.

Further Reading

Want to see what other hedge funds are holding ACOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alpha Cognition, Inc. (NASDAQ:ACOGFree Report).

Institutional Ownership by Quarter for Alpha Cognition (NASDAQ:ACOG)

Receive News & Ratings for Alpha Cognition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha Cognition and related companies with MarketBeat.com's FREE daily email newsletter.