Cambridge Cognition (LON:COG) Shares Break Below Two Hundred Day Moving Average – What’s Next?

Cambridge Cognition Holdings Plc (LON:COG) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 33.76 and traded as low as GBX 27.52. Cambridge Cognition shares last traded at GBX 27.52, with a volume of 23,124 shares changing hands.

Cambridge Cognition Trading Down 1.7%

The firm has a market capitalization of £14.85 million, a P/E ratio of -7.06 and a beta of 0.81. The company has a current ratio of 0.41, a quick ratio of 0.96 and a debt-to-equity ratio of 10.91. The firm has a 50-day moving average of GBX 30.71 and a two-hundred day moving average of GBX 33.76.

Cambridge Cognition (LON:COG) last announced its quarterly earnings results on Wednesday, September 16th. The company reported GBX (1.60) earnings per share (EPS) for the quarter. Cambridge Cognition had a negative net margin of 13.86% and a negative return on equity of 54.17%. On average, analysts anticipate 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.