Stuck In Neutral. Cocrystal Pharma Inc (NASDAQ:COCP)

Cocrystal Pharma Inc (NASDAQ:COCP) is trading in a tight range since opening session on Monday. The stock has been trading sideways since its big run and sell off earlier in the month.

Market Action

COCP stock closed flat Monday at $1.13. 3.8 million shares traded hands. The stock opened at $1.14 and moved within a narrow range of $1.11-$1.15. Mondays volume was very light.

COCP Issues News

Cocrystal Pharma Reports First Quarter 2021 Financial Results and Provides Business Update

  • The net loss for the first quarter of 2021 was $2.7 million, or $0.04 per share, compared with a net loss for the first quarter of 2020 of $2.0 million, or $0.05 per share.
  • The Company reported cash and cash equivalents of $33.3 million as of March 31, 2021, compared with $33.0 million as of December 31, 2020.
  • Throughout 2020 Cocrystal reported quarterly revenues under an influenza A/B collaboration with Merck consisting of research and development (R&D) services performed by Cocrystal and reimbursed by Merck.

Trader Notes

Share Information

SHARES OUTSTANDING97.47 M
SHARE FLOAT (%)71.34 M (73.19%)
% HELD BY INSTITUTIONS20.90

Recent Stock Performance

5-DAY PERF.-5.88%
1-MONTH PERF.-6.67%
3-MONTH PERF.-44.55%
6-MONTH PERF.+32.45%
YTD PERF.-17.65%
1-YEAR PERF.+23.38%

Moving Averages

+/- EMA(20)1.26 (-11.11%)
+/- SMA(50)1.36 (-17.65%)
+/- SMA(200)1.39 (-19.42%)

Pivot Points

NameS3S2S1Pivot PointsR1R2R3
Classic1.00001.05001.09001.14001.18001.23001.2700
Fibonacci1.05001.08441.10561.14001.17441.19561.2300

Technical Indicators

SymbolValueResultSymbolValueResult
ADX25.1613SellATR140.2292
CCI20-69.7169SellChaikin Money Flow-0.3575Sell
MACD-0.0823SellMoney Flow Index81.7694OverBought
ROC-10.3175SellRSI43.9588Sell
STOCH (14,3)2.9167OverSoldSTOCH RSI0.2257Sell
UO31.4720SellWilliams %R-97.0833OverSold

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