Why the Cogstate (ASX:CGS) share price is surging 23% today
There are several different factors that are moving the neuroscience technology company’s share price.
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Why the Cogstate (ASX:CGS) share price is rising today
Daniel Ewing | March 8, 2021 3:51pm |
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CogState Limited(ASX: CGS) share price is currently rising as the company announced a business update to the market. Shares in the small cap healthcare company are currently rising by 5.82%. This takes the Cogstate share price to $1.00.
Business update
The Cogstate share price is rising today as the company announced a business update regarding the company’s quarterly sales results.
The company announced that its clinical trials sales contracts executed in the third quarter of FY21 total US$10.7 million. This means Cogstate’s total value of sales executed so far this financial year amounts to US$33.3 million.