Momentum Is Strong For Cogent Biosciences Inc (NASDAQ: COGT)

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 Cogent Biosciences Inc is $873.24M. A total of 1.29 million shares were traded on the day, compared to an average of 1.58M shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, COGT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, Pinnow Cole bought 43,750 shares of COGT for 7.60 per share on Jan 14 ’25. After the transaction, the Chief Commercial Officer now owns 45,848 company shares.

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. According to analysts who have offered 12-month price targets for COGT in the last 3 months, the mean price target is $16.50 with high estimates of $24.00 and low estimates of $8.00. In terms of 52-week highs and lows, COGT has a high of $12.61 and a low of $5.73.

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. COGT’s latest balance sheet shows that the firm has $219.68M in Cash & Short Term Investments as of fiscal 2021. There were $3.15M in debt and $17.08M in liabilities at the time. Its Book Value Per Share was $1.32, while its Total Shareholder’s Equity was $214.18M.

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 COGT is Buy with a score of 4.45.

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