Cingulate Inc (NASDAQ:CING) currently has a daily average trading volume of 3.84M but it saw 1528231 shares traded in last market. With a market cap of 10.47M USD, the company’s current market price of $3.44 came rising about 2.38 while comparing to the previous closing price of $3.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $152.40 and as low as $1.80. In the recent trading on the day, stock has struck highest price mark of $3.0201 while lowest mark touched by it was $3.59.
Taking a look at 20-day trading activity of Cingulate Inc (CING) gives us an average price of $4.31, while its current price level is -97.74% below from 52-week high level whereas it is 91.10% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.97 while that of 200 days or SMA-200 reads an average of $9.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.61% during that period while stretching the period over a month that decreases to 8.14%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.29 which implies that the stock is in neutral territory.
Over the week, CING’s stock price is moving -14.85% down while it is -20.74% when we observe its performance for the past one month. Year-to-date it is -96.25% down and over the past year, the stock is showing a downside performance of -96.23%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -91.92 beaten by the consensus estimate of -58.32 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -2.36 while estimate for next year EPS is -12.5.
Company’s return on investment (ROI) stands at -619.24% and return on equity (ROE) at -1364.73%. Stock’s beta reads -0.93. Stock has a price to book (P/B) ratio of 0.87. Its return on asset (ROA) is -368.85% on average.
