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COMSovereign Holding Corp. (NASDAQ:COMS) Is Expected To Grow By Or More Than -11011.11%.

In last trading session, COMSovereign Holding Corp. (NASDAQ:COMS) saw 2.97 million shares changing hands with its beta currently measuring 1.90. Company’s recent per share price level of $0.09 trading at -$0.01 or -7.29% at ring of the bell on the day assigns it a market valuation of $9.36M. That closing price of COMS’s stock is at a discount of -2222.22% from its 52-week high price of $2.09 and is indicating a discount of -11.11% from its 52-week low price of $0.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.95 million shares which gives us an average trading volume of 4.80 million if we extend that period to 3-months.

For COMSovereign Holding Corp. (COMS), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.

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COMSovereign Holding Corp. (NASDAQ:COMS) trade information

Upright in the red during last session for losing -7.29%, in the last five days COMS remained trading in the red while hitting it’s week-highest on Thursday, 09/15/22 when the stock touched $0.09 price level, adding 25.0% to its value on the day. COMSovereign Holding Corp.’s shares saw a change of -87.71% in year-to-date performance and have moved -21.16% in past 5-day. COMSovereign Holding Corp. (NASDAQ:COMS) showed a performance of -26.87% in past 30-days. Number of shares sold short was 2.65 million shares which calculate 0.77 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $10.00 to the stock, which implies a rise of 99.1% to its current value. Analysts have been projecting $10.00 as a low price target for the stock while placing it at a high target of $10.00. It follows that stock’s current price would drop -11011.11% in reaching the projected high whereas dropping to the targeted low would mean a loss of -11011.11% for stock’s current value.

COMSovereign Holding Corp. (COMS) estimates and forecasts

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $6.59 million for the same. And 1 analysts are in estimates of company making revenue of $18 million in the next quarter that will end on Mar 2022.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 9.90% during past 5 years.

COMS Dividends

COMSovereign Holding Corp. is more likely to be releasing its next quarterly report between March 28 and April 01 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

COMSovereign Holding Corp. (NASDAQ:COMS)’s Major holders

Insiders are in possession of 31.91% of company’s total shares while institution are holding 9.71 percent of that, with stock having share float percentage of 14.27%. Investors also watch the number of corporate investors in a company very closely, which is 9.71% institutions for COMSovereign Holding Corp. that are currently holding shares of the company. Buckingham Strategic Partners is the top institutional holder at COMS for having 2.64 million shares of worth $2.21 million. And as of Mar 30, 2022, it was holding 1.78% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 1.77 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 1.19% of outstanding shares, having a total worth of $1.48 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 30, 2022, the former fund manager was holding 1.19 million shares of worth $1.0 million or 0.80% of the total outstanding shares. The later fund manager was in possession of 0.56 million shares on Mar 30, 2022, making its stake of worth around $0.47 million in the company or a holder of 0.38% of company’s stock.

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