If You’re An Adventuresome Investor, Then Take A Chance On Cg Oncology Inc (NASDAQ: CGON)

In the last trading session, 4.28 million shares of the Cg Oncology Inc (NASDAQ:CGON) were traded, and its beta was 1.10. Most recently the company’s share price was $21.70, and it changed around -$6.48 or -23.00% from the last close, which brings the market valuation of the company to $1.65B. CGON currently trades at a discount to its 52-week high of $40.47, offering almost -86.5% off that amount. The share price’s 52-week low was $14.80, which indicates that the current value has risen by an impressive 31.8% since then.

Cg Oncology Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.20. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 1 recommended CGON as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.

Cg Oncology Inc (NASDAQ:CGON) trade information

Instantly CGON has showed a red trend with a performance of -23.00% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 30.23 on recent trading dayincreased the stock’s daily price by 28.22%. The company’s shares are currently down -24.34% year-to-date, but still down -19.45% over the last five days. On the other hand, Cg Oncology Inc (NASDAQ:CGON) is 26.16% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $55, which translates to bulls needing to increase their stock price by 60.55% from its current value. Analyst projections state that CGON is forecast to be at a low of $55 and a high of $55.

Cg Oncology Inc earnings are expected to increase by -29.73% in 2025, but the outlook is positive 31.21% per year for the next five years.

CGON Dividends

Cg Oncology Inc’s next quarterly earnings report is expected to be released in June.

TCG CROSSOVER MANAGEMENT, LLC, with 5.5067% or 3.67 million shares worth $115.87 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.89 shares worth $40.94 million, making up 2.47% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 1.56 shares worth around $33.85 million, which represents about 2.05% of the total shares outstanding.