It is Poised to be a Bull Market for Cosmos Holdings Inc. (COSM)

Cosmos Holdings Inc. (NASDAQ: COSM) stock jumped 26.38% on Tuesday to $6.18 against a previous-day closing price of $4.89. With 31.97 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.02 million shares. During the session, the Drug Manufacturers – Specialty & Generic company that operates in wider Healthcare sector, reached to the highest price of $6.88 whereas the lowest price it dropped to was $4.50. The 52-week range on COSM shows that it touched its highest point at $98.00 and its lowest point at $1.69 during that stretch. Beta for the stock currently stands at 3.04.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of COSM was up-trending over the past week, with a rise of 70.72%, but this was down by -22.94% over a month. Three-month performance surged to 210.16% while six-month performance fell -33.62%. The stock lost -93.13% in the past year, while it has gained 35.53% so far this year.

Float and Shares Shorts:

At present, 7.76 million COSM shares are outstanding with a float of 5.99 million shares on hand for trading. On Dec 29, 2022, short shares totaled 0.56 million, which was 5.31% higher than short shares on Nov 29, 2022. In addition to Mr. Grigorios Siokas as the firm’s Chairman & CEO, Mr. Georgios Terzis serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.10% of COSM’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 0.10% of COSM, in contrast to 0.00% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in COSM with 0.03% of the stake, Morgan Stanley Smith Barney LLC holds 2,247 shares worth 2,247. A second-largest stockholder of COSM, Virtu Financial BD LLC, holds 1,846 shares, controlling over 0.02% of the firm’s shares. UBS Securities LLC is the third largest shareholder in COSM, holding 1,222 shares or 0.02% stake. With a 0.00% stake in COSM, the Fidelity Nasdaq Composite Index F is the largest stakeholder. A total of 55 shares are owned by the mutual fund manager.


An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Sep 29, 2022, COSM reported revenue of $13.21M and operating income of -$74.36k. The EBITDA in the recently reported quarter was $34.17k and diluted EPS was -$23.25.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for COSM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy..

Summary of Insider Activity:

Insiders traded COSM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 1 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 12,500,000 while 0 shares were sold.

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