Cambridge Cognition (LON:COG) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Cambridge Cognition Holdings Plc (LON:COG) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 34.55 and traded as high as GBX 35. Cambridge Cognition shares last traded at GBX 35, with a volume of 53,908 shares.

Cambridge Cognition Trading Down 2.2%

The stock has a market cap of £16.29 million, a P/E ratio of -9.21 and a beta of 0.72. The company has a debt-to-equity ratio of 92.53, a current ratio of 0.65 and a quick ratio of 0.96. The business’s 50 day simple moving average is GBX 34.55 and its 200 day simple moving average is GBX 34.16.

Cambridge Cognition (LON:COG) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported GBX (2.40) EPS for the quarter. Cambridge Cognition had a negative return on equity of 68.83% and a negative net margin of 10.07%. On average, analysts expect that Cambridge Cognition Holdings Plc will post 1.0293539 earnings per share for the current fiscal year.

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.