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

Cambridge Cognition Holdings Plc (LON:COG)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 34.09 and traded as low as GBX 32.38. Cambridge Cognition shares last traded at GBX 32.38, with a volume of 3,659 shares changing hands.

Cambridge Cognition Price Performance

The firm has a market capitalization of £15.07 million, a price-to-earnings ratio of -8.52 and a beta of 0.72. The company’s 50 day moving average is GBX 35.35 and its 200-day moving average is GBX 34.09. The company has a current ratio of 0.65, a quick ratio of 0.96 and a debt-to-equity ratio of 92.53.

Cambridge Cognition (LON:COG) last issued its earnings results on Tuesday, September 2nd. The company reported GBX (2.40) earnings per share (EPS) for the quarter. Cambridge Cognition had a negative net margin of 10.07% and a negative return on equity of 68.83%. Equities research analysts anticipate that Cambridge Cognition Holdings Plc will post 1.0293539 earnings per share for the current year.

About Cambridge Cognition

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.