Cosmos Health Inc (NASDAQ: COSM)’s stock price has decreased by -3.94 compared to its previous closing price of 0.61. However, the company has seen a -17.22% decrease in its stock price over the last five trading sessions. InvestorPlace reported 2023-09-28 that The healthcare industry has historically provided significant returns to investors. And, it is currently boasting a compounding annual growth rate prediction of 10.4% until 2027.
Is It Worth Investing in Cosmos Health Inc (NASDAQ: COSM) Right Now?
Moreover, the 36-month beta value for COSM is 2.86. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for COSM is 15.17M and currently, short sellers hold a 3.61% of that float. On April 19, 2024, COSM’s average trading volume was 286.99K shares.
COSM’s Market Performance
COSM’s stock has seen a -17.22% decrease for the week, with a -13.31% drop in the past month and a -45.95% fall in the past quarter. The volatility ratio for the week is 6.87%, and the volatility levels for the past 30 days are at 7.14% for Cosmos Health Inc The simple moving average for the past 20 days is -13.71% for COSM’s stock, with a -51.86% simple moving average for the past 200 days.
COSM Trading at -20.46% from the 50-Day Moving Average
After a stumble in the market that brought COSM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.59% of loss for the given period.
Volatility was left at 7.14%, however, over the last 30 days, the volatility rate increased by 6.87%, as shares sank -2.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.11% lower at present.
During the last 5 trading sessions, COSM fell by -13.81%, which changed the moving average for the period of 200-days by -79.87% in comparison to the 20-day moving average, which settled at $0.6758. In addition, Cosmos Health Inc saw -58.60% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COSM starting from Siokas Grigorios, who purchase 60,000 shares at the price of $0.83 back on Feb 16 ’24. After this action, Siokas Grigorios now owns 1,394,597 shares of Cosmos Health Inc, valued at $49,806 using the latest closing price.
Siokas Grigorios, the Chief Executive Officer of Cosmos Health Inc, purchase 6,712 shares at $23.66 during a trade that took place back on Oct 12 ’23, which means that Siokas Grigorios is holding 1,334,597 shares at $158,806 based on the most recent closing price.
Stock Fundamentals for COSM
Current profitability levels for the company are sitting at:
- -0.31 for the present operating margin
- 0.07 for the gross margin
The net margin for Cosmos Health Inc stands at -0.31. The total capital return value is set at -0.32. Equity return is now at value -64.96, with -26.64 for asset returns.
Based on Cosmos Health Inc (COSM), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -2.49. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is -7.13.
Currently, EBITDA for the company is -9.47 million with net debt to EBITDA at -0.5. When we switch over and look at the enterprise to sales, we see a ratio of 0.36. The receivables turnover for the company is 1.69for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.06.
Conclusion
To wrap up, the performance of Cosmos Health Inc (COSM) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
