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

Cambridge Cognition Holdings Plc (LON:COG) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 35.17 and traded as low as GBX 32. Cambridge Cognition shares last traded at GBX 33, with a volume of 105,318 shares.

Cambridge Cognition Price Performance

The company has a market cap of £15.36 million, a price-to-earnings ratio of -8.46 and a beta of 0.74. The company’s 50-day simple moving average is GBX 35.58 and its 200-day simple moving average is GBX 35.17. The company has a debt-to-equity ratio of 28.66, a current ratio of 0.40 and a quick ratio of 0.96.

Cambridge Cognition (LON:COG) last posted its earnings results on Monday, April 13th. The company reported GBX (3.90) EPS for the quarter. The firm had revenue of GBX 940 million for the quarter. Cambridge Cognition had a negative return on equity of 62.89% and a negative net margin of 17.82%. On average, equities research analysts anticipate that Cambridge Cognition Holdings Plc will post 1.0293539 EPS 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.