With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.38 million shares. The 52-week range on CGON shows that it touched its highest point at $40.47 and its lowest point at $14.80 during that stretch. It currently has a 1-year price target of $59.89. Beta for the stock currently stands at 0.90.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CGON was down-trending over the past week, with a drop of -1.50%, but this was up by 4.05% over a month. Three-month performance dropped to -1.65% while six-month performance fell -24.31%. The stock lost -24.99% in the past year, while it has lost -8.72% so far this year. A look at the trailing 12-month EPS for CGON yields -1.39 with Next year EPS estimates of -1.70. For the next quarter, that number is -0.46. This implies an EPS growth rate of -32.61% for this year and 9.20% for next year.
Float and Shares Shorts:
At present, 76.22 million CGON shares are outstanding with a float of 44.88 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CGON since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.20554 being high and -$1.36109 being low. For CGON, this leads to a yearly average estimate of -$1.27359.
