Cingulate Inc [NASDAQ: CING] price surged by 160.16 percent to reach at $2.95.
The one-year CING stock forecast points to a potential upside of 98.0. The average equity rating for CING stock is currently 2.00, trading closer to a bullish pattern in the stock market.
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
Guru’s Opinion on Cingulate Inc [CING]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CING shares is $240.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CING stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Laidlaw have made an estimate for Cingulate Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 22, 2023.
The Average True Range (ATR) for Cingulate Inc is set at 1.10 The Price to Book ratio for the last quarter was 1.22, with the Price to Cash per share for the same quarter was set at 0.40.
CING Stock Performance Analysis:
Cingulate Inc [CING] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 69.49. With this latest performance, CING shares gained by 16.28% in over the last four-week period, additionally sinking by -65.52% over the last 6 months – not to mention a drop of -96.77% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CING stock in for the last two-week period is set at 55.33, with the RSI for the last a single of trading hit 62.11, and the three-weeks RSI is set at 50.57 for Cingulate Inc [CING]. The present Moving Average for the last 50 days of trading for this stock 5.2500, while it was recorded at 2.8400 for the last single week of trading, and 27.8400 for the last 200 days.
Insight into Cingulate Inc Fundamentals:
Cingulate Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.
CING Stock EPS
With the latest financial reports released by the company, Cingulate Inc posted -72/share EPS, while the average EPS was predicted by analysts to be reported at -88.8/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 16.8. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CING.
Cingulate Inc [CING] Institutonal Ownership Details
The top three institutional holders of CING stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CING stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CING stock with ownership which is approximately 5.1238%.
