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Analysis
Cognition Therapeutics, Inc. (CGTX)
Cognition Therapeutics, Inc. (CGTX)
Ranking:
Sell
Implies negative momentum
Stock Name: Cognition Therapeutics, Inc.
Symbol: CGTX
Market Cap: $19M
Industry: Biotechnology
Sector: Healthcare
Website: https://www.cogrx.com
About Cognition Therapeutics, Inc.

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. Its lead product candidate is CT1812, a sigma-2 receptor antagonist, which is in Phase II clinical trial for the treatment of mild-to-moderate Alzheimer's disease, as well as has completed Phase I clinical trial to treat early-stage Alzheimer's disease; in Phase II clinical trial for the treatment of dementia with Lewy bodies (DLB); and in preclinical trial to treat dry age-related macular degeneration (AMD) Please visit their website for more information.

Overview:
Last Close: $0.4612
52 Week: $0.40-$2.62
MVA50: 0.58
MVA200: 1.17
RSI: 48.56
Buy/Sell*: 0.25
1-Month change: 11.10%
3-Month change: -329.31%
*Proprietary Buy Sell Volume Indicator
Price Chart For CGTX
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $0M
Revenue Growth (YOY): nan%
Profit (% of Rev): nan%
Income (% of Rev): -inf%
Income Growth (YOY): 47.24%
Operating Income: $-14M
Operating Cash Flow: $-7M
Operating Cash Flow Growth (YoY): 64.65%
Annual Dividend Yield: 0.00%
Total Assets: $28M
Total Liabilities: $13M
Cash & Equivalent: $22M
Total Debt: $1M
Debt/Equity: 0.04
Quick Ratio: 2.11
Current Ratio: 2.11
Price/Book: 1.31
Price/Earnings: -0.48
EBITDA: $-14M
EPS: -0.25
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Sell.

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