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Stock impact report

CG Oncology (CGON): Assessing Valuation Following Analyst Coverage and Positive Phase 3 Trial Results [Yahoo! Finance]

CG Oncology, Inc. - Common stock (CGON) 
Company Research Source: Yahoo! Finance
This attention is supported by promising late-stage trial results for its lead bladder cancer therapy and anticipation of an FDA review next year. See our latest analysis for CG Oncology. Momentum has been strongly building for CG Oncology, as the stock has climbed over 66% in the past 90 days, capped by an 11.55% one-week share price return following analyst bullishness and positive clinical trial results. In summary, both short- and long-term total shareholder returns suggest investors see significant growth potential here. If biotech's recent surge has your attention, consider exploring more healthcare standouts with our full list: See the full list for free. But with shares surging and analyst targets pointing much higher, the key question now is whether CG Oncology remains undervalued or if the market has already priced in all the company's future growth potential. Price-to-Book of 5.1x: Is it justified? CG Oncology trades at a price-to-book (P/B) ratio of 5.1x compar Show less Read more
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