Cognition Therapeutics Stock Today

CGTX Stock  USD 0.44  0.02  4.35%   

Performance

0 of 100

 
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Odds Of Distress

Over 59

 
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Above Average
Cognition Therapeutics is trading at 0.44 as of the 21st of November 2024; that is 4.35 percent decrease since the beginning of the trading day. The stock's open price was 0.46. Cognition Therapeutics has over 59 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Cognition Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
8th of October 2021
Category
Healthcare
Classification
Health Care
Cognition Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the discovery and development of small molecule therapeutics targeting age-related degenerative diseases and disorders of the central nervous system and retina. Cognition Therapeutics, Inc. The company has 41.55 M outstanding shares of which 815.7 K shares are currently shorted by private and institutional investors with about 1.07 trading days to cover. More on Cognition Therapeutics

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Cognition Stock Highlights

President CEOLisa Ricciardi
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities7.2 M10.2 M
Way Down
Slightly volatile
Non Current Liabilities Total494 K520 K
Notably Down
Slightly volatile
Total Assets35 M35.2 M
Slightly Down
Slightly volatile
Total Current Assets34.1 M34.2 M
Slightly Down
Slightly volatile
Debt Levels
Cognition Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cognition Therapeutics' financial leverage. It provides some insight into what part of Cognition Therapeutics' total assets is financed by creditors.
Liquidity
Cognition Therapeutics currently holds 1.24 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Cognition Therapeutics has a current ratio of 4.12, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Cognition Therapeutics' use of debt, we should always consider it together with its cash and equity.

Depreciation

166,980
Cognition Therapeutics (CGTX) is traded on NASDAQ Exchange in USA. It is located in 2500 Westchester Ave., Purchase, NY, United States, 10577 and employs 25 people. Cognition Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.28 M. Cognition Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 41.55 M outstanding shares of which 815.7 K shares are currently shorted by private and institutional investors with about 1.07 trading days to cover. Cognition Therapeutics currently holds about 46.61 M in cash with (16.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Cognition Therapeutics Probability Of Bankruptcy
Ownership Allocation
Cognition Therapeutics holds a total of 41.55 Million outstanding shares. Almost 74.93 percent of Cognition Therapeutics outstanding shares are held by general public with 0.54 (percent) owned by insiders and only 24.53 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cognition Ownership Details

Cognition Stock Institutional Holders

InstituionRecorded OnShares
Mercer Global Advisors Inc.2024-06-30
96 K
Commonwealth Equity Services Inc2024-06-30
90.7 K
Renaissance Technologies Corp2024-09-30
88.7 K
Corsair Capital Management Llc2024-06-30
77.4 K
Bridgeway Capital Management, Llc2024-06-30
76.7 K
State Street Corp2024-06-30
62.8 K
Texas Capital Bank Wealth Management Services Inc2024-06-30
55.4 K
Fca Corp2024-09-30
51.5 K
Circle Wealth Management, Llc2024-06-30
48.8 K
Vanguard Group Inc2024-09-30
1.2 M
Awm Investment Company Inc2024-06-30
650 K
View Cognition Therapeutics Diagnostics

Cognition Therapeutics Historical Income Statement

At this time, Cognition Therapeutics' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 53.3 M in 2024, whereas Net Interest Income is likely to drop (33.8 K) in 2024. View More Fundamentals

Cognition Stock Against Markets

Cognition Therapeutics Corporate Management

Steven WeissmanVP CMCProfile
Bobby HornCorporate ControllerProfile
Andrew CPAInterim OfficerProfile
John DoyleChief OfficerProfile
Anita CornetHead QualityProfile

Additional Tools for Cognition Stock Analysis

When running Cognition Therapeutics' price analysis, check to measure Cognition Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognition Therapeutics is operating at the current time. Most of Cognition Therapeutics' value examination focuses on studying past and present price action to predict the probability of Cognition Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognition Therapeutics' price. Additionally, you may evaluate how the addition of Cognition Therapeutics to your portfolios can decrease your overall portfolio volatility.