Contagious Gaming Inc's stock remains stable amid limited recent activity.
This week, Contagious Gaming Inc (CNS.V) reported no significant price movement, closing at C$0.01. The company is currently experiencing minimal coverage and recent developments, particularly a proposed reverse takeover.
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Contagious Gaming Inc
CNS.V
CNS.V
Contagious Gaming Inc
WealthAwesomeMarket cap
$940,368
P/E
0.0x
52W high
$0.01
52W low
$0.01
1W change
+0.00%
Beta
2.60
Analyst Price Targets
Based on analyst covering CNS
Wall Street analysts forecast CNS stock price to rise 8400.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.85
+8400.0% Upside
Current Price
C$0.01
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CNS's historical volatility
30-Day Vol
0.0%
Annualized
90-Day Vol
0.0%
Annualized
Trend (90d)
+0.0%
Annualized drift
90d Mean
C$0.01
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$0.01 | C$0.01 โ C$0.01 |
| 60 trading days | C$0.01 | C$0.01 โ C$0.01 |
| 90 trading days | C$0.01 | C$0.01 โ C$0.01 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should keep an eye on potential changes in listing and structure as Contagious Gaming pursues a reverse takeover, which could affect future trading dynamics.
Contagious Gaming Inc's stock remains flat at C$0.01, with a market cap of approximately C$940,368.
The company's price has not changed in the past month, indicating stability amidst limited trading activity.
Bull case
If the proposed reverse takeover is successful, it could improve the company's market presence and attract more investor interest.
Bear case
With a market cap under C$1 million and no recent earnings, the stock remains highly speculative and susceptible to volatility.
Recent Price Action
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Contagious Gaming Inc (CNS.V) has shown no notable price movement recently, closing at C$0.01. Over the past week, the stock has remained flat, with no significant fluctuations in its trading activity.
Company News and Developments
There have been no recent press releases or significant developments from Contagious Gaming Inc this week. However, the company is in the process of a proposed reverse takeover with IMBiotechnologies Ltd., as announced on July 17, 2024. This move may lead to a delisting from the TSX Venture Exchange and a subsequent application for listing on the Canadian Securities Exchange.
Technical Picture
From a technical perspective, Contagious Gaming Inc's stock is trading at its 50-day and 200-day moving averages of C$0.01, indicating a stable but stagnant price point. The stock has a beta of 2.60, suggesting higher volatility compared to the market. The lack of movement reflects the company's low trading volume, which is currently on par with its average.
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