Compugen Ltd (NASDAQ: CGEN) is -18.69% lower on its value in year-to-date trading and has touched a low of $0.62 and a high of $3.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CGEN stock was last observed hovering at around $1.52 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $1.61, the stock is 2.45% and -3.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 5.92% at the moment leaves the stock -19.06% off its SMA200. CGEN registered 149.59% gain for a year compared to 6-month loss of -26.48%. The firm has a 50-day simple moving average (SMA 50) of $1.675 and a 200-day simple moving average (SMA200) of $1.98925.
The stock witnessed a -3.59% gain in the last 1 month and extending the period to 3 months gives it a -20.69%, and is 12.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.71% over the week and 6.88% over the month.
Compugen Ltd (CGEN) has around 68 employees, a market worth around $152.69M and $59.85M in sales. Current P/E ratio is 83.85. Profit margin for the company is 2.67%. Distance from 52-week low is 159.68% and -46.87% from its 52-week high. The company has generated returns on investments over the last 12 months (2.54%).
The EPS is expected to grow by 82.54% this year
The shares outstanding are 89.24M, and float is at 84.72M with Short Float at 1.56%.
The top institutional shareholder in the company is SILVERARC CAPITAL MANAGEMENT, LLC with over 1.5 million shares valued at $2.52 million. The investor’s holdings represent 1.6771 of the CGEN Shares outstanding. As of 2024-06-30, the second largest holder is TAYLOR FRIGON CAPITAL MANAGEMENT LLC with 1.31 million shares valued at $2.21 million to account for 1.4685 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 1.29 million shares representing 1.44 and valued at over $2.17 million, while ARK INVESTMENT MANAGEMENT LLC holds 1.2159 of the shares totaling 1.09 million with a market value of $1.85 million.
