Momentum Is Strong For Cg Oncology Inc (NASDAQ: CGON)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Biotechnology industry segment, falling under the Healthcare sector. The current market capitalization of Cg Oncology Inc is $2.43B. A total of 0.83 million shares were traded on the day, compared to an average of 645.70K shares.

In the most recent transaction, Song Hong Fang sold 650,455 shares of CGON for 35.36 per share on Aug 29 ’24. After the transaction, the Director now owns 586,982 company shares. In a previous transaction on Aug 29 ’24, Unique Diamond Investments Ltd bought 424,210 shares at 35.36 per share.

Among the insiders who bought shares, Charming Jade Ltd acquired of 226,245 shares on Aug 29 ’24 at a per-share price of $35.36. In another insider transaction, Unique Diamond Investments Ltd bought 424,210 shares at $35.36 per share on Aug 29 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CGON has a high of $50.23 and a low of $25.77.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CGON’s latest balance sheet shows that the firm has $53.61M in Cash & Short Term Investments as of fiscal 2021. There were $15.13M in debt and $5.97M in liabilities at the time. Its Book Value Per Share was $7.95, while its Total Shareholder’s Equity was $40.25M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CGON is Buy with a score of 4.88.

Most Popular

Related Posts