Cambridge Cognition (LON:COG) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Cambridge Cognition Holdings Plc (LON:COG) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 34.04 and traded as high as GBX 45. Cambridge Cognition shares last traded at GBX 45, with a volume of 2,891 shares.

Analyst Ratings Changes

Separately, Panmure Gordon restated a “buy” rating and set a GBX 56 price objective on shares of Cambridge Cognition in a research report on Monday, January 19th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Cambridge Cognition has a consensus rating of “Buy” and an average target price of GBX 56.

Cambridge Cognition Trading Down 0.6%

The company has a market cap of £19.67 million, a price-to-earnings ratio of -11.12 and a beta of 0.72. The business has a fifty day simple moving average of GBX 34.54 and a 200 day simple moving average of GBX 33.55. The company has a quick ratio of 0.96, a current ratio of 0.39 and a debt-to-equity ratio of 63.61.

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.