Valuations Still Looking Better: Compugen Ltd. (CGEN)

Compugen Ltd.’s stock (NASDAQ:CGEN) has been rated as Buy by SunTrust. This latest rating was contained in a recent research note published by the firm on March 24, 2020 and has set a $16 price target for the stock. Some experts on Wall Street have also posted a report on Compugen Ltd. (CGEN) stock.

Cantor Fitzgerald rated the stock as a Overweight in a research noted published on January 16, 2020. Oppenheimer rated the stock as a Outperform in a research note published on March 29, 2018.

As it stands, a total of 4 analysts are covering CGEN stock, with 4 of them rating it as a Buy while 0 of them rating it as Overweight. 0 analysts meanwhile advised investors to Hold, 0 rated it as Underweight while the 0 rated it as a Sell. A look at the overall ratings means that Compugen Ltd. (CGEN) stock has an average rating of Buy.

Compugen Ltd. (CGEN) which is currently valued at 577.29 million, with the company publishing its last earnings report on 02/20/2020, for the recent quarter of 2019. In that quarter, Compugen Ltd. (CGEN) posted -$0.14 earnings per share (EPS) which was above the analyst consensus estimate of -$0.17 by $0.03, which represents an increase by 17.60%.

The stock market has a tendency to become sophisticated sometimes, even for seasoned investors and traders. Even when a trader got what he/she had expected, the market sometimes decides to move in the opposite direction. This volatility sometimes leads to some traders doubting and second-guessing their moves. This is why getting to know historical price performance, as well as both long-term and short-term trends, is very important. Over the past one week, CGEN price has surged by 21.28%. A look at its price performance over the past three months sees the stock go up by 23.05%, while it has gain 80.05% over the past six months and 83.09% since the start of the year.

Let us now look at some of its likely support and resistance level. Recent research on Compugen Ltd. (CGEN) has seen its stock trading -40.78% below its three-month high price. A look at the other side also sees stock trading +34.88% above its three-month low. A wider look sees CGEN trading -40.78% below its 52-week high and 177.66% above from its 52-week low price.

Shareholders of the company sometimes like to find out how their investments are growing. Compugen Ltd. (CGEN) has so far given an ROE of -75.30%. When the ROE is low, it means that the company isn’t generating enough profits. The Return on Assets (ROA) ratio meanwhile is an indication of how profitable a company is relative to the total asset it owns. Compugen Ltd. (CGEN)’s ROA at the moment stands at -52.00%. Any company that is managing its assets better will have a higher return while one that manages assets poorly would result in low returns.

Let us now take a look at Compugen Ltd. (CGEN)’s trading volatility. Its 7-day volatility is around 11.46%, while it has a monthly volatility of 13.08%. CGEN has an ATR (Average True Range) of 1.10 and a beta factor of 2.10. The volatility of a stock is an indication of the stock’s drop or gain in case the wider market drops or surges. A beta score higher than 1 means that a stock is highly volatile while below 1 means that the volatility of a stock is low.

The price of CGEN lifted by $0.4 during the normal trading session on Monday to trade at $7.58. The Compugen Ltd. (CGEN) stock has a trading volume of 490578.0 shares, which is low, compared to its average daily volume of 841.77K shares.