Is Compugen Ltd (CGEN) Holding Up Well Over a Long-Time Horizon?

Compugen Ltd [CGEN] stock prices are up 11.74% to $2.95 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CGEN shares have gain 15.23% over the last week, with a monthly amount glided 21.90%, and seem to be holding up well over a long-time horizon.

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On 26, February 2024, Compugen to Present at the Leerink Partners Global Biopharma Conference 2024. In a post published today on Yahoo Finance, Compugen Ltd. (NASDAQ: CGEN) (TASE: CGEN) a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery, today announced that management will participate in a fireside chat at the Leerink Partners Global Biopharma Conference, Miami Beach, Florida, on Monday, March 11, 2024 at 11:20 AM ET.

From an analyst’s perspective:

Compugen Ltd [NASDAQ: CGEN] stock has seen the most recent analyst activity on August 05, 2022, when Jefferies downgraded its rating to a Hold but kept the price target unchanged to $2 for it. On May 13, 2020, Stifel initiated with a Buy rating and assigned a price target of $19 on the stock. SVB Leerink started tracking the stock assigning a Outperform rating. ROTH Capital initiated its recommendation with a Buy and recommended $28 as its price target on April 22, 2020. SunTrust started tracking with a Buy rating for this stock on March 24, 2020, and assigned it a price target of $16. In a note dated January 16, 2020, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $10 on this stock.

The stock price of Compugen Ltd [CGEN] has been fluctuating between $0.53 and $2.85 over the past year. Compugen Ltd [NASDAQ: CGEN] shares were valued at $2.95 at the most recent close of the market.

Analyzing the CGEN fundamentals

Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at -4.6%, Pretax Profit Margin comes in at -4.2%, and Net Profit Margin reading is -4.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.47, Equity is -0.48 and Total Capital is -0.6. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.76 points at the first support level, and at 2.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.07, and for the 2nd resistance point, it is at 3.18.

Compugen Ltd [CGEN] reported earnings per share of -$0.11 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.09/share, meaning a difference of -$0.02 and a surprise factor of -22.20%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.11 per share as compared to estimates of -$0.12 per share, a difference of $0.01 representing a surprise of 8.30%.

Ratios To Look Out For

It’s worth pointing out that Compugen Ltd [NASDAQ:CGEN]’s Current Ratio is 5.81. Further, the Quick Ratio stands at 5.81, while the Cash Ratio is 4.61. Considering the valuation of this stock, the price to sales ratio is 34.74, the price to book ratio is 4.90.

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