Cosmos Health (NASDAQ:COSM) Stock Price Down 0.9%

Cosmos Health Inc. (NASDAQ:COSM) shares fell 0.9% during mid-day trading on Thursday . The stock traded as low as $1.08 and last traded at $1.08. 39,415 shares were traded during trading, a decline of 96% from the average session volume of 974,745 shares. The stock had previously closed at $1.09.

Cosmos Health Stock Up 7.4 %

The stock’s fifty day simple moving average is $1.03 and its 200 day simple moving average is $0.83.

Cosmos Health (NASDAQ:COSM) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $15.84 million during the quarter. Equities research analysts expect that Cosmos Health Inc. will post -0.47 earnings per share for the current year.

Institutional Investors Weigh In On Cosmos Health

An institutional investor recently bought a new position in Cosmos Health stock. Armistice Capital LLC bought a new stake in shares of Cosmos Health Inc. (NASDAQ:COSM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,334,937 shares of the company’s stock, valued at approximately $1,882,000. Armistice Capital LLC owned 7.89% of Cosmos Health at the end of the most recent quarter. Institutional investors and hedge funds own 12.61% of the company’s stock.

Cosmos Health Company Profile

Cosmos Health Inc provides proprietary line of branded and generic pharmaceuticals, nutraceuticals, over-the-counter medications, cosmetics, nursery, health care and baby products, and medical devices. Its nutraceutical product portfolio includes Sky Premium Life and Mediterranation. The company serves wholesale pharmaceutical distributors and independent retail pharmacies.