Market cap of Cosmos Holdings Inc. [COSM] reaches 7.17M – now what?
Cosmos Holdings Inc. [NASDAQ: COSM] The price rose 10.83 percent to $0.03. Company report on September 22 2022 Cosmos Health signs an agreement with Virax Biolabs to distribute real-time PCR detection kits for monkeypox virus in Europe.
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Cosmos Holdings d
“We are excited to combine the strong distribution of Virax Biolabs and Cosmos’ significant market knowledge, to make these important and convenient testing tools a success,” said Greg Siukas, CEO of Cosmos Health. “Based on our conversations with our customers, we see a demand for quick and useful testing methods for the Monkeypox Virus. We view this agreement as a first step in a long-term relationship with Virax.”
4272,118 shares were traded in the last session while the average daily trading volume was 1.69 million shares. Shares of Cosmos Holdings Inc. It reached as high as $0.3099 and fell to $0.234 until it finished at $0.26 in the last session.
A teacher’s opinion of Cosmos Holdings Inc. [COSM]:
The Average True Range (ATR) is set for Cosmos Holdings Inc. at 0.06, with a price-to-sales ratio for COSM stock in the last twelve months of 0.13. The price-to-book ratio for the last quarter was 1.00, with the price-to-cash ratio for the stock in the same quarter set at 0.02.
COSM stock performance analysis:
Cosmos Holdings Inc. [COSM] It fell into the red at the end of last week, fell in a negative direction and fell by -33.55. With this latest performance, COSM shares are down -29.74% over the past four-week period, as well as down -89.81% over the past six months – not to mention a -94.11% drop in the last year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for the COSM stock for the past two weeks was set at 36.92, with the RSI for the last one trading at 34.50, and the three-week RSI at 38.04 for Cosmos Holdings Inc. [COSM]. The current moving average for the last 50 trading days for this stock is 0.3627 while it recorded at 0.2919 for the last trading week, and 1.7227 for the last 200 days.
An insight into the fundamentals of Cosmos Holdings Inc.
Operating margin for any stock indicates how profitable the investment is, Cosmos Holdings Inc. [COSM] The equity’s current operating margin is -8.06 and the total margin is at +14.01. Net margin was reported to Cosmos Holdings Inc. Currently at -14.16.
The return on equity for this stock fell to -7,289.22, with the return on assets remaining at -15.54.
Cosmos Holdings Inc.’s liquidity data is Interesting too, the quick ratio is 1.00 and the current ratio is 1.10.
Cosmos Holdings Inc. [COSM] Insider position details
There is currently about $0 million, or 6.20% of COSM’s stock, in the hands of institutional investors. The three largest COSM shareholders are: MURCHINSON LTD. With the ownership of 776,570, which is approximately 5,1671.333% of the company’s market value and about 29.16% of the total institutional ownership; ANSON FUNDS MANAGEMENT LP, which owns 675,908 shares with an approximate value of $0.18 million in COSM stock; and VIRTU FINANCIAL LLC, with $23000.0 in COSM shares with ownership of approximately 444.026% of the company’s market capitalization.
7 institutional holders have increased their position in Cosmos Holdings Inc. [NASDAQ:COSM] About 1,602,181 shares. In addition, 2 investors reduced their positions by 766,002 shares, while 0 investors held positions by 748,332 shares. The said changes put institutional holdings at 1,619,851 shares, according to the latest report from the Securities and Exchange Commission. COSM had 5 new institutional investments for a total of 755,312 shares, while 2 institutional investors sold 766,002 shares deals during the same period.