6.29% volatility in Cosmos Health Inc (COSM) last month: This is a red flag warning

Cosmos Health Inc (NASDAQ: COSM) kicked off on Friday, down -5.32% from the previous trading day, before settling in for the closing price of $0.76. Over the past 52 weeks, COSM has traded in a range of $0.47-$1.65.

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Annual sales at Healthcare sector company grew by 8.74% over the past five years. While this was happening, its average annual earnings per share was recorded 77.67%. With a float of $19.12 million, this company’s outstanding shares have now reached $21.01 million.

Let’s look at the performance matrix of the company that is accounted for 123 employees. In terms of profitability, gross margin is 7.26%, operating margin of -37.09%, and the pretax margin is -38.3%.

Cosmos Health Inc (COSM) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Medical Distribution Industry. The insider ownership of Cosmos Health Inc is 8.99%, while institutional ownership is 2.81%. The most recent insider transaction that took place on Feb 16 ’24, was worth 49,806. In this transaction Chief Executive Officer of this company bought 60,000 shares at a rate of $0.83, taking the stock ownership to the 1,394,597 shares.

Cosmos Health Inc (COSM) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 77.67% per share during the next fiscal year.

Cosmos Health Inc (NASDAQ: COSM) Trading Performance Indicators

Take a look at Cosmos Health Inc’s (COSM) current performance indicators. Last quarter, stock had a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.27.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.72, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.05 in one year’s time.

Technical Analysis of Cosmos Health Inc (COSM)

Cosmos Health Inc (NASDAQ: COSM) saw its 5-day average volume 0.26 million, a negative change from its year-to-date volume of 0.87 million. As of the previous 9 days, the stock’s Stochastic %D was 33.88%. Additionally, its Average True Range was 0.06.

During the past 100 days, Cosmos Health Inc’s (COSM) raw stochastic average was set at 12.17%, which indicates a significant increase from 5.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.25% in the past 14 days, which was lower than the 119.10% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.9190, while its 200-day Moving Average is $0.8713. Nevertheless, the first resistance level for the watch stands at $0.7674 in the near term. At $0.8153, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8439. If the price goes on to break the first support level at $0.6909, it is likely to go to the next support level at $0.6623. Assuming the price breaks the second support level, the third support level stands at $0.6144.

Cosmos Health Inc (NASDAQ: COSM) Key Stats

The company with the Market Capitalisation of 14.32 million has total of 23,260K Shares Outstanding. Its annual sales at the moment are 53,380 K in contrast with the sum of -18,540 K annual income. Company’s last quarter sales were recorded 13,210 K and last quarter income was -2,590 K.