Cogent Biosciences, Inc. , a biotechnology company, focuses on developing precision therapies for genetically defined diseases.
Cogent Biosciences stock last closed at $11.25, up 1.44% from the previous day, and has increased 15.62% in one year. It has overperformed other stocks in the Biotechnology industry by 0.28 percentage points. Cogent Biosciences stock is currently +206.54% from its 52-week low of $3.67, and -7.33% from its 52-week high of $12.14.
There are currently 109.45M shares of COGT outstanding. The market cap of COGT is $1.23B. In the past 24 hours, 818,873 COGT shares were traded.
How to Buy Cogent Biosciences Stock
Not sure how to invest in Cogent Biosciences stock? Here's how.
Choose where to buy Cogent Biosciences stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Cogent Biosciences stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Fund your investment account: Choose your method of payment and add your info.
Evaluate Cogent Biosciences stock: The Cogent Biosciences ticker symbol is COGT. Is Cogent Biosciences stock a good investment? Should you buy shares of COGT? How do COGT's underlying business fundamentals look? Do top analysts think Cogent Biosciences is a good buy? Why has COGT's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if COGT is a good stock to buy).
Make your COGT buy order: Decide if you will purchase COGT shares at the current market price or use a limit order to buy COGT shares at a given price.
Get notifications regarding your investment in COGT: Create a watchlist to monitor your position in Cogent Biosciences stock.
Step 1: Choose where to buy Cogent Biosciences stock
You will need a brokerage account to access the NASDAQ market and buy COGT shares.
A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you are able to invest in COGT stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Evaluate Cogent Biosciences stock
After you have selected the best place to buy Cogent Biosciences stock, it's critical to analyze their stock before you invest, so you can comprehend the risk and upside.
Cogent Biosciences stock at a glance
COGT Price
$11.25
1w %
1.26%
1y %
15.62%
5y %
100.89%
P/E
-4.54x
P/B
3.3x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$227.05M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.23B
Next Earnings
Oct 31, 2024
Next Dividend
N/A
COGT Zen Score
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in less time.
COGT has cash burn of 177925000. It has enough cash and short-term investments to cover this for at least one year.
There are more short-term assets than short-term liabilities on the COGT balance sheet.
There are more short-term assets than long-term liabilities on the COGT balance sheet.
Total COGT debt is lower than 5 years ago, relative to shareholder equity.
COGT has a low debt to equity ratio of 0.15.
Negative Health Checks:
COGT has $363.22M in cash and short term investments. This is not enough to cover its annual cash burn of $177.93M.
Do analysts think it's a good time to buy Cogent Biosciences stock
Out of 6 Wall Street analysts who give forecasts on COGT, the consensus analyst rating on COGT is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent COGT Analyst Ratings
David Nierengarten, a top 6% analyst from Wedbush reiterates COGT with a hold rating and maintains their COGT price target from $10.00 to $10.00, on May 24, 2024.
Last year, COGT revenue was $0.00. Over the past 5 year, COGT's revenue has gone up by -100% per year. This was slower than the Biotechnology industry average of 58.59%.
No, Cogent Biosciences doesn't provide an income stream by paying out dividends.
What others are saying about COGT
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Step 5: Make your COGT buy order
There are two main types of orders:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are generally sufficient.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will place your order.
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How much does it cost to buy one Cogent Biosciences share?
As of Oct 11, 2024, it costs $11.25 to buy one share of Cogent Biosciences stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.444 shares of COGT.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.