Cambridge Cognition (LON:COG) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Cambridge Cognition Holdings Plc (LON:COG) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 34.56 and traded as low as GBX 33. Cambridge Cognition shares last traded at GBX 33, with a volume of 247 shares traded.

Cambridge Cognition Stock Performance

The company has a debt-to-equity ratio of 28.66, a current ratio of 0.40 and a quick ratio of 0.96. The business has a 50-day simple moving average of GBX 36.47 and a 200 day simple moving average of GBX 34.58. The firm has a market cap of £16.29 million, a PE ratio of -8.97 and a beta of 0.83.

Cambridge Cognition (LON:COG) last issued its quarterly earnings results on Monday, April 13th. The company reported GBX (3.90) EPS for the quarter. The company had revenue of GBX 940 million during the quarter. Cambridge Cognition had a negative return on equity of 62.89% and a negative net margin of 17.82%. Equities research analysts forecast that Cambridge Cognition Holdings Plc will post 1.0293539 EPS for the current year.

Cambridge Cognition Company Profile

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.