Now Is The Time To Build A Position In Cosmos Health Inc (NASDAQ:COSM)

In the latest trading session, 0.74 million Cosmos Health Inc (NASDAQ:COSM) shares changed hands as the company’s beta touched 3.17. With the company’s most recent per share price at $0.66 changing hands around $0.05 or 8.00% at last look, the market valuation stands at $15.35M. COSM’s current price is a discount, trading about -139.39% off its 52-week high of $1.58. The share price had its 52-week low at $0.47, which suggests the last value was 28.79% up since then. When we look at Cosmos Health Inc’s average trading volume, we note the 10-day average is 0.19 million shares, with the 3-month average coming to 235.85K.

Cosmos Health Inc (NASDAQ:COSM) trade information

Instantly COSM is in green as seen in intraday trades today. With action -5.73%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -1.36%, with the 5-day performance at -5.73% in the red. However, in the 30-day time frame, Cosmos Health Inc (NASDAQ:COSM) is -14.44% down. Looking at the short shares, we see there were 0.36 million shares sold at short interest cover period of 2.56 days.

Cosmos Health Inc (COSM) estimates and forecasts

Data shows that the Cosmos Health Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -53.20% over the past 6 months, a -16.42% in annual growth rate that is considerably lower than the industry average of 16.30%. Year-over-year growth is forecast to reach 2.48% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 14.5M. 1 analysts are of the opinion that Cosmos Health Inc’s revenue for the current quarter will be 15.5M. The company’s revenue for the corresponding quarters a year ago was 15.84M and 14.58M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -8.46%. The estimates for the next quarter sales put growth at 6.28%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 33.86%. The 2025 estimates are for Cosmos Health Inc earnings to increase by 63.72%.

COSM Dividends

Cosmos Health Inc is expected to release its next quarterly earnings report in February.

Cosmos Health Inc (NASDAQ:COSM)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 15.51% of Cosmos Health Inc shares while 10.28% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 12.17%.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 134.83 shares estimated at $88976.0 under it, the former controlled 0.58% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.38% of the shares, roughly 89.37 shares worth around $58976.0.