Cingulate (NASDAQ:CING) Stock Price Down 12%

Cingulate Inc. (NASDAQ:CINGGet Free Report)’s share price fell 12% during trading on Wednesday . The stock traded as low as $0.26 and last traded at $0.27. 743,704 shares were traded during mid-day trading, an increase of 85% from the average session volume of 402,880 shares. The stock had previously closed at $0.31.

Cingulate Stock Down 13.7 %

The firm has a 50 day moving average of $0.47 and a 200 day moving average of $0.99.

Cingulate (NASDAQ:CINGGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.60) EPS for the quarter, beating the consensus estimate of ($2.20) by $1.60.

Cingulate Company Profile

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Cingulate Inc, a biopharmaceutical company, focuses on the development of pharmaceutical products for the treatment of attention deficit/hyperactivity disorder and anxiety in the United States. The company’s stimulant medications are CTx-1301 (dexmethylphenidate), which is in phase 3 clinical trial, as well as CTx-1302 (dextroamphetamine), which is in investigational new drug application development for the treatment of attention deficit/hyperactivity disorder intended for children, adolescents, and adults.

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