Compugen Ltd (NASDAQ: CGEN) is 31.37% higher on its value in year-to-date trading and has touched a low of $1.35 and a high of $3.03 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CGEN stock was last observed hovering at around $2.00 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $2.01, the stock is 22.67% and 25.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 0.50% at the moment leaves the stock 9.29% off its SMA200. CGEN registered 11.67% gain for a year compared to 6-month loss of 7.49%. The firm has a 50-day simple moving average (SMA 50) of $1.5944 and a 200-day simple moving average (SMA200) of $1.842.
The stock witnessed a 24.84% gain in the last 1 month and extending the period to 3 months gives it a 19.64%, and is 25.63% 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 11.61% over the week and 7.36% over the month.
Compugen Ltd (CGEN) has around 68 employees, a market worth around $179.97M and $59.85M in sales. Current P/E ratio is 104.69. Profit margin for the company is 2.67%. Distance from 52-week low is 48.89% and -33.67% from its 52-week high. The company has generated returns on investments over the last 12 months (2.54%).
with sales reaching $17.47M over the same period.The EPS is expected to grow by 66.67% this year, but quarterly earnings will post 31.12% year-over-year. Quarterly sales are estimated to shrink -47.78% in year-over-year returns.
The shares outstanding are 89.54M, and float is at 84.72M with Short Float at 1.49%.
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.
