Cambridge Cognition (LON:COG) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Cambridge Cognition Holdings Plc (LON:COG)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 39.31 ($0.50) and traded as low as GBX 27.70 ($0.35). Cambridge Cognition shares last traded at GBX 27.70 ($0.35), with a volume of 69,024 shares trading hands.

Cambridge Cognition Price Performance

The company has a quick ratio of 0.96, a current ratio of 0.65 and a debt-to-equity ratio of 92.53. The firm’s fifty day moving average price is GBX 32.05 and its 200-day moving average price is GBX 39.31. The stock has a market cap of £11.62 million, a P/E ratio of -692.50 and a beta of 0.72.

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.