In yesterday’s Wall Street session, Cosmos Health Inc (NASDAQ:COSM) shares traded at $0.77, down -17.08% from the previous session.
COSM stock price is now 7.10% away from the 50-day moving average and -8.47% away from the 200-day moving average. The market capitalization of the company currently stands at $17.94M.
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In other news, Siokas Grigorios, Chief Executive Officer bought 29,158 shares of the company’s stock on Jan 17 ’25. The stock was bought for $25,000 at an average price of $0.86. Upon completion of the transaction, the Chief Executive Officer now directly owns 4,164,789 shares in the company, valued at $3.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 16 ’25, Chief Executive Officer Siokas Grigorios bought 47,904 shares of the business’s stock. A total of $40,000 was incurred on buying the stock at an average price of $0.83. This leaves the insider owning 4,135,631 shares of the company worth $3.18 million. A total of 21.66% of the company’s stock is owned by insiders.
During the past 12 months, Cosmos Health Inc has had a low of $0.47 and a high of $1.58. As of last week, the company has a debt-to-equity ratio of 0.32, a current ratio of 1.44, and a quick ratio of 1.24. The fifty day moving average price for COSM is $0.7201 and a two-hundred day moving average price translates $0.84259 for the stock.
The latest earnings results from Cosmos Health Inc (NASDAQ: COSM) was released for 2024-06-30. The net profit margin was -48.31% and return on equity was -46.31% for COSM. The company reported revenue of $12.41 million for the quarter, compared to $12.82 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.22 percent.
