Streetbeat News

CING

Cingulate Inc.

https://www.cingulate.com

Industry

Biotechnology

Cingulate Inc., a clinical-stage biopharmaceutical company, focuses on the development of product candidates for the treatment of attention-deficit/hyperactivity disorder. The company's lead product candidates are CTx-1301 (dexmethylphenidate), which is in phase 3 clinical trial, and CTx-1302 (dextroamphetamine) for the treatment of attention-deficit/hyperactivity disorders. It also focuses on developing CTx-2103 for the treatment of anxiety disorders. The company was founded in 2012 and is headquartered in Kansas City, Kansas.

Open

3.29

Mkt cap

11M

Volume

136K

High

3.57

P/E Ratio

-0.01

52-wk high

152.40

Low

3.29

Div yield

N/A

52-wk low

1.80

U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all posting gains. Financials led the sectors, while real estate lagged. Key movers included Cingulate Inc. (CING), Zoomcar Holdings, Inc. (ZCAR), H&R Block, Inc. (HRB), Sonida Senior Living, Inc. (SNDA), Shimmick Corporation (SHIM), and ENDRA Life Sciences Inc. (NDRA). Commodities saw oil prices drop and gold prices rise.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 6:46 pm

Cingulate shares have been halted to the upside, with the stock now up by 296.46%.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 4:43 pm

U.S. stocks traded higher with the Dow Jones gaining 75 points, driven by a surge in consumer confidence. Key movers included Cingulate Inc. (CING), Zoomcar Holdings (ZCAR), and H&R Block (HRB) with significant gains, while Sonida Senior Living (SNDA), Shimmick Corporation (SHIM), and ENDRA Life Sciences (NDRA) saw notable declines.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 4:20 pm

Benzinga's 'Stock Whisper' Index highlights five under-the-radar stocks: AST SpaceMobile, Cingulate Inc, Palantir Technologies, Workday Inc, and Snap Inc. AST SpaceMobile is set to launch five satellites, Cingulate received a European patent for its ADHD treatment, Palantir reported strong Q2 results and partnerships, Workday is set to report Q2 results, and Snap saw interest despite negative news.

Portfolio Pulse from Chris Katje

August 16, 2024 | 3:40 pm

US stocks edged lower with the S&P 500 falling 0.2%. Applied Materials reported better-than-expected Q3 earnings but provided mixed guidance for Q4. Cingulate, Zoomcar Holdings, and Seelos Therapeutics saw significant stock price increases, while Novo Integrated Sciences, Shimmick Corporation, and ENDRA Life Sciences experienced notable declines.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 1:56 pm

Cingulate shares are trading higher after the company was granted European patent No. 3261625 for CTx-1301, its lead asset for the treatment of ADHD.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 1:18 pm

Shares of Greenland Technologies Holding Corporation (NASDAQ:GTEC) surged 40.2% in pre-market trading after reporting better-than-expected Q2 EPS results. Other notable pre-market movers include Cingulate Inc. (NASDAQ:CING) up 81.3%, Seelos Therapeutics, Inc. (NASDAQ:SEEL) up 48.4%, and Shimmick Corporation (NASDAQ:SHIM) down 25.9%.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 10:55 am

On Thursday, major U.S. indices closed higher, with the Dow Jones, S&P 500, and NASDAQ all seeing significant gains. The top trending stocks were Amazon, AST Spacemobile, Cingulate, Applied Materials, and Tesla, each experiencing notable price increases due to various positive news and data.

Portfolio Pulse from Benzinga Neuro

August 16, 2024 | 2:55 am

Cingulate Inc. (NASDAQ:CING) shares surged over 159% following the announcement of a European patent for its ADHD treatment, CTx-1301. This patent expands Cingulate's intellectual property to 30 European territories, enhancing its global market presence. The company is also preparing to file a new drug application with the FDA.

Portfolio Pulse from Vaishali Prayag

August 15, 2024 | 8:18 pm

U.S. stocks traded higher with the S&P 500 gaining 1.5%. Alibaba reported weak revenue, missing analyst estimates. Cingulate, AST SpaceMobile, and Gambling.com saw significant stock price increases, while Turnstone Biologics, SIGA Technologies, and Terran Orbital experienced sharp declines.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 6:23 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.