Cambridge Cognition Holdings (COG)

Sector:

Health Care

Index:

FTSE AIM All-Share

 55.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 55.75
  • 52 Week Low: 19.00
  • Currency: UK Pounds
  • Shares Issued: 31.17m
  • Volume: 3,375
  • Market Cap: £17.38m
  • RiskGrade: 292

Cambridge Cognition shares tumble after profit warning

By Iain Gilbert

Date: Tuesday 27 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Digital solutions developer Cambridge Cognition warned on Tuesday that interim losses looked set to widen after revenues dwindled and costs grew in the six months ended 30 June.
Cambridge Cognition saw losses widen 68.9% to £1.74m during the first half of the year, while revenues fell 21% to £2.17m.

While Cambridge Cognition reported a "strong" order book of £6.43m, up from £5.95m the previous year, the group also warned that with some "challenging" trading conditions in other units, full-year losses were expected to be around £2.8m, almost double the £1.44m loss in 2018.

The AIM-listed group said this was largely a result of the reduction in revenue and a 30% increase in research and development investment.

Chief executive Matthew Stork said: "Whilst trading has been difficult this year for the core product range, the company is taking steps to improve commercialisation and to improve sales in the second half of 2019 and beyond into 2020."

At 0915 BST, Cambridge Cognition shares were down 42.40% to 36p.

Email this article to a friend

or share it with one of these popular networks:


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 55.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 55.75
52 Week Low 19.00
Volume 3,375
Shares Issued 31.17m
Market Cap £17.38m
RiskGrade 292

COG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.33% below the market average17.33% below the market average17.33% below the market average17.33% below the market average17.33% below the market average
67.57% above the sector average67.57% above the sector average67.57% above the sector average67.57% above the sector average67.57% above the sector average
Price Trend
52.54% above the market average52.54% above the market average52.54% above the market average52.54% above the market average52.54% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income Not Available
Growth
55.58% below the market average55.58% below the market average55.58% below the market average55.58% below the market average55.58% below the market average
69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average

COG Dividends

No dividends found

Trades for 24-Sep-2020

Time Volume / Share Price
15:10 20,000 @ 54.90p
14:36 888 @ 54.90p
13:44 887 @ 54.90p
12:27 15,000 @ 54.11p
13:23 1,000 @ 54.11p

COG Key Personnel

CFO Nick Walters
Chair Steven John Powell
CEO Matthew Stork

Top of Page