Cosmos Holdings Inc. (NASDAQ:COSM) finished Wednesday with an addition of $0.44 to close at $6.62, an upside of 7.12 percent. An average of 28,666,580 shares of common stock have been traded in the last five days. There was a gain of $3.21 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 9,061,640 shares traded, while the 50-day average volume stands at 10,222,670.
COSM stock has decreased by -6.76% in the last month. The company shares reached their 1-month lowest point of $3.01 on 01/19/23. With the stock rallying to its 52-week high on 01/25/23, shares of the company touched a low of $1.69 and a high of $98.00 in 52 weeks. It has reached a new high 4 times so far this year and achieved 45.18% or $2.06 in price. In spite of this, the price is down -93.24% from the 52-week high.
Cosmos Holdings Inc. (COSM) stock’s beta is 3.04. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.55, the price-to-book (PB) ratio at 1.98.
The quick ratio of Cosmos Holdings Inc. for the recent quarter was 0.90, and the current ratio was 1.10, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.41 and a total debt to equity ratio of 6.59 for the recent quarter. Its gross profit as reported stood at $8.33 million compared to revenue of $56.24 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Cosmos Holdings Inc.’s return on assets was -72.60%.
For the recent quarter, Cosmos Holdings Inc. had $10000.0 in cash and short-term investments compared to $1.03 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$1.97 million in the quarter, while revenues of -$1.24 million were grew 1.52%. Shareholders own equity worth $3.35 million.
From a technical analysis perspective, let’s take a brief look at Cosmos Holdings Inc. (COSM) price momentum. RSI 9-day as of the close on 25 January was 60.27%, suggesting the stock is Neutral, with historical volatility in this time frame at 317.53%.
As of today, COSM’s price is $5.22 +94.13% or $3.21 from its 5-day moving average. COSM is currently trading +3.44% higher than its 20-day SMA and -26.03% lower than its 100-day SMA. However, the stock’s current price level is +130.26% above the SMA50 and -85.53% below the SMA200.
The stochastic %K and %D were 73.34% and 61.20%, respectively, and the average true range (ATR) was 1.49. With the 14-day stochastic at 82.99% and the average true range at 1.78, the RSI (14) stands at 53.51%. The stock has reached 1.34 on the 9-day MACD Oscillator while the 14-day reading was at 1.33.