Cambridge Cognition (LON:COG) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Cambridge Cognition Holdings Plc (LON:COG)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 35.05 and traded as low as GBX 35. Cambridge Cognition shares last traded at GBX 37, with a volume of 4,020 shares.

Cambridge Cognition Stock Up 2.8%

The company’s 50 day moving average price is GBX 36.07 and its two-hundred day moving average price is GBX 35.05. The company has a current ratio of 0.40, a quick ratio of 0.96 and a debt-to-equity ratio of 28.66. The stock has a market cap of £17.23 million, a P/E ratio of -9.49 and a beta of 0.74.

Cambridge Cognition (LON:COG) last issued its quarterly earnings data on Monday, April 13th. The company reported GBX (3.90) earnings per share for the quarter. Cambridge Cognition had a negative return on equity of 62.89% and a negative net margin of 17.82%.The business had revenue of GBX 940 million during the quarter. Equities analysts forecast 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.