Is This Stock a Screaming Buy: Compugen Ltd. (NASDAQ:CGEN)

Equity Research firms currently have a positive stance on shares of Compugen Ltd. (NASDAQ:CGEN). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $11.33 on a short term basis.

At the time of writing, the stock was trading at $6.12. This represents a change from the opening price of 1.66%. In terms of performance, year to date, the stock is -5.48%. The monthly stock performance comes in at -14.33%. For the quarter, shares are performing at -11.18%. Weekly performance analysis shows the equity at -4.88%.

In taking a look at technical levels, shares are trading -9.74% away from the 50 day simple moving average and -2.04% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -21.44% away from it’s 52- week high and 41.67% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Compugen Ltd.’s RSI stands at 34.08. In looking at volatility levels, the shares saw weekly volatility of 3.42% and 2.89% over the past month.

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