Cosmos Health Inc (COSM) Shares Soar Above 1-Year High

Cosmos Health Inc (NASDAQ: COSM)’s stock price has increased by 7.33 compared to its previous closing price of 1.16. However, the company has seen a 15.28% increase in its stock price over the last five trading sessions. accesswire.com reported 2024-08-08 that CHICAGO, IL / ACCESSWIRE / August 8, 2024 / Cosmos Health Inc. (“Cosmos Health” or the “Company”) (NASDAQ:COSM), a diversified, vertically integrated global healthcare group engaged in innovative R&D, owner of proprietary pharmaceutical and nutraceutical brands, manufacturer and distributor of healthcare products, and operator of a telehealth platform, announced today that it has completed the registration process to commence sales in Germany of its antimicrobial wash, C-Scrub Wash Chlorhexidine 4% Biocide (“C-Scrub”). The Company anticipates shipping orders to various entities in Germany as part of its comprehensive sales strategy, targeting a diverse range of customers, including hospitals and wholesalers, while also directly reaching consumers through its online stores on platforms like Amazon.

Is It Worth Investing in Cosmos Health Inc (NASDAQ: COSM) Right Now?

The stock has a 36-month beta value of 3.15. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for COSM is 15.95M, and at present, short sellers hold a 1.08% of that float. On August 19, 2024, the average trading volume of COSM was 2.08M shares.

COSM’s Market Performance

The stock of Cosmos Health Inc (COSM) has seen a 15.28% increase in the past week, with a 0.40% rise in the past month, and a 79.91% gain in the past quarter. The volatility ratio for the week is 9.28%, and the volatility levels for the past 30 days are at 9.50% for COSM. The simple moving average for the past 20 days is 8.48% for COSM’s stock, with a 34.14% simple moving average for the past 200 days.

COSM Trading at 22.08% 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 -39.27% of loss for the given period.

Volatility was left at 9.50%, however, over the last 30 days, the volatility rate increased by 9.28%, as shares surge +12.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +97.10% upper at present.

During the last 5 trading sessions, COSM rose by +18.43%, which changed the moving average for the period of 200-days by +24.17% in comparison to the 20-day moving average, which settled at $1.1547. In addition, Cosmos Health Inc saw -11.70% 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:

  • -0.41 for the present operating margin
  • 0.08 for the gross margin

The net margin for Cosmos Health Inc stands at -0.35. The total capital return value is set at -0.52. Equity return is now at value -46.31, with -26.60 for asset returns.

Based on Cosmos Health Inc (COSM), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at -1.41. The debt to equity ratio resting at 0.32. The interest coverage ratio of the stock is -25.2.

Currently, EBITDA for the company is -21.22 million with net debt to EBITDA at -0.42. When we switch over and look at the enterprise to sales, we see a ratio of 0.57. The receivables turnover for the company is 2.44for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.

Conclusion

To sum up, Cosmos Health Inc (COSM) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.

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