Alpha Cognition (NASDAQ:ACOG) Releases Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Alpha Cognition (NASDAQ:ACOGGet Free Report) posted its earnings results on Monday. The company reported ($0.51) EPS for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.03), Zacks reports.

Alpha Cognition Price Performance

Shares of Alpha Cognition stock opened at $5.06 on Tuesday. The stock has a market cap of $81.06 million, a P/E ratio of -1.98 and a beta of 2.50. Alpha Cognition has a 1 year low of $4.66 and a 1 year high of $7.00. The stock’s fifty day simple moving average is $5.83.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. HC Wainwright reiterated a “buy” rating and set a $20.00 target price on shares of Alpha Cognition in a research report on Monday. Raymond James raised Alpha Cognition to a “moderate buy” rating in a research report on Tuesday, March 25th.

Read Our Latest Report on Alpha Cognition

About Alpha Cognition

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Alpha Cognition, Inc is a clinical stage biopharmaceutical company that develops treatments for underserved neurodegenerative diseases such as Alzheimer’s Dementia and Amyotrophic Lateral Sclerosis. The company was founded in 2000 and is headquartered in Vancouver, Canada.

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