Cambridge Cognition Holdings (COG)

Sector:

Health Care

Index:

FTSE AIM All-Share

 51.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 115.00
  • 52 Week Low: 48.80
  • Currency: UK Pounds
  • Shares Issued: 34.96m
  • Volume: 25,163
  • Market Cap: £18.00m
  • RiskGrade: 282

Cambridge Cognition wins two contracts worth £2.1m

By Josh White

Date: Wednesday 12 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Brain health technology specialist Cambridge Cognition has won two contracts worth more than £2.1m, it announced on Wednesday.
The AIM-traded firm said the contracts would involve providing its 'CANTAB' cognitive assessments, and electronic Clinical Outcome Assessments (eCOA), for two pivotal trials for a rare disease.

It said the contracts were awarded by a new customer for the company, with revenues expected to be recognised over the next five years.

Participation in the trials would enable Cambridge Cognition to offer more insights into the use of digital cognitive assessments and eCOA solutions as part of rare disease trials, the board said, including how effective the methods are for use in long-term studies.

"Over the past five years, Cambridge Cognition has developed a unique offering for clinical trials of leading cognitive assessments - CANTAB - and electronic questionnaires - eCOA - in a single, easy-to-use platform," said chief executive officer Matthew Stork.

"This, combined with our reputation for outstanding customer service and cutting-edge science, has enabled us to secure two large contracts with a new customer.

"These contracts will strengthen our presence in the rare disease field and showcase how our cognitive assessments can be used effectively in the development of symptom modifying treatments."

At 1332 BST, shares in Cambridge Cognition Holdings were up 5.7% at 102p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

COG Market Data

Currency UK Pounds
Share Price 51.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 115.00
52 Week Low 48.80
Volume 25,163
Shares Issued 34.96m
Market Cap £18.00m
RiskGrade 282

COG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.51% below the market average68.51% below the market average68.51% below the market average68.51% below the market average68.51% below the market average
22.58% below the sector average22.58% below the sector average22.58% below the sector average22.58% below the sector average22.58% below the sector average
Price Trend
78.97% below the market average78.97% below the market average78.97% below the market average78.97% below the market average78.97% below the market average
40.54% below the sector average40.54% below the sector average40.54% below the sector average40.54% below the sector average40.54% below the sector average
Income Not Available
Growth
31.15% above the market average31.15% above the market average31.15% above the market average31.15% above the market average31.15% above the market average
44.44% above the sector average44.44% above the sector average44.44% above the sector average44.44% above the sector average44.44% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
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COG Dividends

No dividends found

Trades for 01-Mar-2024

Time Volume / Share Price
17:10 2,500 @ 51.50p
15:39 1,908 @ 52.00p
15:38 20 @ 52.00p
15:18 1,923 @ 52.00p
14:23 1,000 @ 52.00p

COG Key Personnel

Chair Steven John Powell
CEO Matthew Stork
CFO Stephen Symonds

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