Take A Look At This Cocrystal Pharma Inc. (NASDAQ: COCP) Analysis Before You Invest

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Cocrystal Pharma Inc. (NASDAQ:COCP) traded at $1.12 at last check on Tuesday, July 7, made a downward move of -3.55% on its previous day’s price.

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Looking at the stock we see that its previous close was $1.16 with the day’s price range being $1.14 – $1.22. In terms of its 52-week price range, COCP has a high of $3.46 and a low of $0.76. The company’s stock has lost about -4.92% over that past 30 days.

Cocrystal Pharma Inc. has a market cap of $117.74 million.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the COCP stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 50% Sell.

Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Cocrystal Pharma Inc. (COCP) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is -12.93% off its SMA20 and -10.52% from its 50-day simple moving average. The RSI (14) is pointing at 34.88 while the volatility over the past week is 5.34% and jumps to 5.42% over the past one month. The beta value is 0.74, while the average true range (ATR) is currently pointing at 0.07. The average price target for the stock over the next 12 months is $4.50, with the estimates having a low of $4.00 and a high of $5.00. These price ends are -257.14% and -346.43% off the today’s price level respectively, although investors could be excited at the prospect of a -301.79% if the COCP share price touches on the median price of $4.50.

Coming back to Cocrystal Pharma Inc. (NASDAQ:COCP), we note that the average 3-month trading volume was 16.40 million. Current shares outstanding are 71.25 million.

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The insiders hold 7.90% of the company’s shares while institutions hold 10.00%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -14.71% down in year-to-date price movement.