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Cogstate Ltd Announces Cessation of Securities

Story Highlights
  • Cogstate Ltd specializes in cognitive tests for clinical trials and healthcare.
  • The company ceased certain securities due to unmet conditions, affecting its capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cogstate Ltd Announces Cessation of Securities

Confident Investing Starts Here:

The latest update is out from Cogstate Ltd ( (AU:CGS) ).

Cogstate Ltd announced the cessation of certain securities, specifically performance rights, due to the lapse of conditional rights that were not satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, as it reflects adjustments in the company’s securities management.

The most recent analyst rating on (AU:CGS) stock is a Buy with a A$1.45 price target. To see the full list of analyst forecasts on Cogstate Ltd stock, see the AU:CGS Stock Forecast page.

More about Cogstate Ltd

Cogstate Ltd operates in the healthcare industry, specializing in the development and commercialization of cognitive tests and assessments. The company focuses on providing solutions for clinical trials, academic research, and healthcare, aiming to enhance the measurement of cognition in various settings.

YTD Price Performance: 33.49%

Average Trading Volume: 114,946

Technical Sentiment Signal: Buy

Current Market Cap: A$235.4M

For an in-depth examination of CGS stock, go to TipRanks’ Overview page.

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