Now Is A Good Time To Buy Compugen Ltd (NASDAQ: CGEN)

During the last session, Compugen Ltd (NASDAQ:CGEN)’s traded shares were 0.85 million, with the beta value of the company hitting 2.60. At the end of the trading day, the stock’s price was $1.60, reflecting an intraday loss of -3.03% or -$0.05. The 52-week high for the CGEN share is $3.03, that puts it down -89.37 from that peak though still a striking 15.62% gain since the share price plummeted to a 52-week low of $1.35. The company’s market capitalization is $143.26M, and the average intraday trading volume over the past 10 days was 0.43 million shares, and the average trade volume was 341.43K shares over the past three months.

Compugen Ltd (CGEN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. CGEN has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.

Compugen Ltd (NASDAQ:CGEN) trade information

Compugen Ltd (CGEN) registered a -3.03% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.03% in intraday trading to $1.60, hitting a weekly high. The stock’s 5-day price performance is -1.84%, and it has moved by 3.90% in 30 days. Based on these gigs, the overall price performance for the year is -18.78%. The short interest in Compugen Ltd (NASDAQ:CGEN) is 1.27 million shares and it means that shorts have 6.42 day(s) to cover.

The consensus price target of analysts on Wall Street is $4, which implies an increase of 60.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $4 respectively. As a result, CGEN is trading at a discount of -150.0% off the target high and -150.0% off the low.

Compugen Ltd (CGEN) estimates and forecasts

Statistics show that Compugen Ltd has outperformed its competitors in share price, compared to the industry in which it operates. Compugen Ltd (CGEN) shares have gone up 2.56% during the last six months, with a year-to-date growth rate more than the industry average at 119.05% against 16.80.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 12.14%. While earnings are projected to return 82.54% in 2025.

CGEN Dividends

Compugen Ltd is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 1.31 million shares, is of TAYLOR FRIGON CAPITAL MANAGEMENT LLC’s that is approximately 1.4685% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.21 million.