Cogent Biosciences Inc (NASDAQ: COGT) is -2.95% lower on its value in year-to-date trading and has touched a low of $4.28 and a high of $12.61 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 COGT stock was last observed hovering at around $7.84 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $7.57, the stock is -4.46% and -16.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.45 million and changing -3.44% at the moment leaves the stock -16.24% off its SMA200. COGT registered 42.03% gain for a year compared to 6-month gain of -18.34%. The firm has a 50-day simple moving average (SMA 50) of $9.1557 and a 200-day simple moving average (SMA200) of $9.029125.
The stock witnessed a -20.32% loss in the last 1 month and extending the period to 3 months gives it a -31.74%, and is -3.93% down 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 7.99% over the week and 6.74% over the month.
Cogent Biosciences Inc (COGT) has around 164 employees, a market worth around $836.20M and $0.00M in sales. Distance from 52-week low is 76.87% and -39.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-73.21%).
The EPS is expected to shrink by -0.39% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Cogent Biosciences Inc (COGT) Top Institutional Holders
The shares outstanding are 110.46M, and float is at 88.93M with Short Float at 8.97%.
The top institutional shareholder in the company is POINT72 ASSET MANAGEMENT, L.P. with over 10.47 million shares valued at $88.27 million. The investor’s holdings represent 10.5506% of the COGT Shares outstanding. As of 2024-06-30, the second largest holder is COMMODORE CAPITAL LP with 9.74 million shares valued at $82.09 million to account for 9.8126 of the shares outstanding. The other top investors are KYNAM CAPITAL MANAGEMENT, LP which holds 9.26 million shares representing 9.3313% and valued at over $78.07 million, while FMR LLC holds 7.7526 of the shares totaling 7.69 million with a market value of $64.86 million.
Cogent Biosciences Inc (COGT) Insider Activity
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