Now Is The Time To Build A Position In Cingulate Inc (NASDAQ:CING)

In the last trading session, 9.26 million Cingulate Inc (NASDAQ:CING) shares changed hands as the company’s beta touched -1.09. With the company’s per share price at $12.80 changed hands at -$4.89 or -27.64% during last session, the market valuation stood at $12.16M. CING’s last price was a discount, traded about -1362.5% off its 52-week high of $187.20. The share price had its 52-week low at $1.80, which suggests the last value was 85.94% up since then. When we look at Cingulate Inc’s average trading volume, we note the 10-day average is 21.66 million shares, with the 3-month average coming to 3.34 million.

Cingulate Inc (NASDAQ:CING) trade information

Instantly CING was in red as seen at the end of in last trading. With action 349.11%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -86.06%, with the 5-day performance at 349.11% in the green. However, in the 30-day time frame, Cingulate Inc (NASDAQ:CING) is 217.93% up. Looking at the short shares, we see there were 8342.0 shares sold at short interest cover period of 0.11 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -24.19%. The 2024 estimates are for Cingulate Inc earnings to increase by 94.80%.

CING Dividends

Cingulate Inc is expected to release its next quarterly earnings report on 2024-Aug-13.

Cingulate Inc (NASDAQ:CING)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 11.15% of Cingulate Inc shares while 8.44% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 9.50%.

Among Mutual Funds, the top two as of Jun 30, 2024 were Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . With 2.47 shares estimated at $31577.0 under it, the former controlled 0.26% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.06% of the shares, roughly 529.0 shares worth around $6771.0.