Cosmos Health Inc (COSM) volume exceeds 0.85 million: A new investment opportunity for investors

Cosmos Health Inc (NASDAQ: COSM) on Tuesday, soared 7.09% from the previous trading day, before settling in for the closing price of $0.70. Within the past 52 weeks, COSM’s price has moved between $0.47 and $1.65.

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Healthcare Sector giant saw their annual sales surged by 8.74% over the last five years. The company achieved an average annual earnings per share of 77.67%. With a float of $18.51 million, this company’s outstanding shares have now reached $23.26 million.

The firm has a total of 123 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock

Observing investor behavior towards Medical Distribution industry stocks is more important than anything else. The insider ownership of Cosmos Health Inc is 20.40%, while institutional ownership is 2.54%. 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) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.

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

Cosmos Health Inc (COSM) is currently performing well based on its current performance indicators. A quick ratio of 1.17 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33.

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)

Analysing the last 5-days average volume posted by the [Cosmos Health Inc, COSM], we can find that recorded value of 0.27 million was lower than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 38.85%. Additionally, its Average True Range was 0.05.

During the past 100 days, Cosmos Health Inc’s (COSM) raw stochastic average was set at 14.06%, which indicates a significant decrease from 63.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.90% in the past 14 days, which was lower than the 118.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.8537, while its 200-day Moving Average is $0.8583. Now, the first resistance to watch is $0.7799. This is followed by the second major resistance level at $0.8048. The third major resistance level sits at $0.8497. If the price goes on to break the first support level at $0.7101, it is likely to go to the next support level at $0.6652. Now, if the price goes above the second support level, the third support stands at $0.6403.

Cosmos Health Inc (NASDAQ: COSM) Key Stats

Market capitalization of the company is 17.56 million based on 23,260K outstanding shares. Right now, sales total 53,380 K and income totals -18,540 K. The company made 13,210 K in profit during its latest quarter, and -2,590 K in sales during its previous quarter.