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

Shares of Cambridge Cognition Holdings Plc (LON:COGGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 32.15 and traded as low as GBX 27.10. Cambridge Cognition shares last traded at GBX 27.40, with a volume of 24,906 shares trading hands.

Cambridge Cognition Price Performance

The company has a 50 day moving average price of GBX 31.15 and a 200-day moving average price of GBX 32.15. The company has a market cap of £12.76 million, a price-to-earnings ratio of -7.21 and a beta of 0.72. The company has a quick ratio of 0.96, a current ratio of 0.65 and a debt-to-equity ratio of 92.53.

About Cambridge Cognition

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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.

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