Alpha Cognition Inc. (OTC:ACOGF – Get Rating) – Stock analysts at Zacks Small Cap lifted their FY2023 earnings estimates for Alpha Cognition in a research report issued on Wednesday, March 15th. Zacks Small Cap analyst J. Vandermosten now forecasts that the company will post earnings of ($0.09) per share for the year, up from their prior estimate of ($0.17). The consensus estimate for Alpha Cognition's current full-year earnings is ($0.17) per share.
Get Alpha Cognition alerts:Separately, Raymond James cut shares of Alpha Cognition from an "outperform" rating to a "market perform" rating in a report on Friday, February 10th.
Alpha Cognition Price Performance
Shares of Alpha Cognition stock opened at C$0.30 on Friday. The firm has a market cap of C$18.30 million, a price-to-earnings ratio of -1.67 and a beta of 2.92. The stock has a 50-day simple moving average of C$0.27 and a 200-day simple moving average of C$0.30. Alpha Cognition has a 52-week low of C$0.15 and a 52-week high of C$1.08.
About Alpha Cognition
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Alpha Cognition Inc, a clinical stage biopharmaceutical company, focuses on developing treatments for Alzheimer's disease and amyotrophic lateral sclerosis (ALS). It develops ALPHA-1062, an acetylcholine esterase inhibitor for the treatment of dementia of the Alzheimer's type and mild traumatic brain injury; and ALPHA-0602, a gene therapy for the treatment of ALS.
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