Cosmos Health Inc (NASDAQ:COSM) saw a downside of -3.30% to $1.76 after subtracting -$0.06 on Monday. The 5-day average trading volume is 1,340,818 shares of the company’s common stock. It has gained $1.9150 in the past week and touched a new high 3 times within the past 5 days. An average of 3,386,599 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,899,908.
COSM’s 1-month performance is 44.26% or $0.5550 on its low of $0.9900 reached on 09/11/23. The company’s shares have touched a 52-week low of $0.99 and high of $23.84, with the stock’s rally to the 52-week high happening on 01/26/23. YTD, COSM has lost -61.40% or -$2.7950 and has reached a new high 5 times. However, the current price is down -92.62% from the 52-week high price.
Valuation Metrics
COSM stock has a beta of 2.83. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.47 while the price-to-book (PB) in the most recent quarter is 0.44.
Cosmos Health Inc’s quick ratio for the recent period was 1.95, with the current ratio over the same period at 2.19. In terms of profitability, the gross margin trailing 12 months is 8.62%. The trailing 12-month EBITDA margin is -14.47%. The firm’s gross profit as reported stood at $5.96 million against revenue of $50.35 million.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -26.53% to -$0.98 million, while revenue of -$0.46 million was 53.06% off the previous quarter. EBITDA for the quarter stood at more than -$2.45 million. COSM stock balance sheet for the recent quarter shows that total liabilities totaled 24.92 million, with total debt at $9.46 million. Shareholders hold equity totaling $10.62 million.
Let’s look briefly at Cosmos Health Inc (COSM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 68.83% to suggest the stock is trending Neutral, with historical volatility in this time period at 118.18%.
The stock’s 5-day moving average is $1.6790, reflecting a +8.28% or $0.1350 change from its current price. COSM is currently trading +45.87% above its 20-day SMA, -45.19% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -41.56% and SMA200 by-85.01%.
Stochastic %K and %D was 87.74% and 79.73% and the average true range (ATR) pointed at 0.2191. The RSI (14) points at 62.59%, while the 14-day stochastic is at 83.78% with the period’s ATR at 0.2013. The stock’s 9-day MACD Oscillator is pointing at 0.2244 and 0.3718 on the 14-day charts.
