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

Cambridge Cognition Holdings Plc (LON:COG) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 34.68 and traded as low as GBX 33. Cambridge Cognition shares last traded at GBX 37, with a volume of 193,817 shares traded.

Cambridge Cognition Price Performance

The company has a debt-to-equity ratio of 28.66, a quick ratio of 0.96 and a current ratio of 0.40. The stock has a 50 day moving average price of GBX 36.17 and a 200 day moving average price of GBX 34.70. The company has a market cap of £17.23 million, a P/E ratio of -9.49 and a beta of 0.73.

Cambridge Cognition (LON:COG) last posted its quarterly earnings data on Monday, April 13th. The company reported GBX (3.90) EPS for the quarter. Cambridge Cognition had a negative return on equity of 62.89% and a negative net margin of 17.82%.The firm had revenue of GBX 940 million during the quarter. Research analysts expect that Cambridge Cognition Holdings Plc will post 1.0293539 earnings per share for the current fiscal 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.