The closing price of COMSovereign Holding Corp. (NASDAQ: COMS) was $0.07 for the day, up 13.33% from the previous closing price of $0.06. In other words, the price has increased by $+0.0084 from its previous closing price. On the day, 86133286 shares were traded. COMS stock price reached its highest trading level at $0.0760 during the session, while it also had its lowest trading level at $0.0623.
Our analysis of COMS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.35.
Upgrades & Downgrades
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 0.12.
Stock Price History:
Over the past 52 weeks, COMS has reached a high of $0.95, while it has fallen to a 52-week low of $0.04. The 50-Day Moving Average of the stock is 0.0787, while the 200-Day Moving Average is calculated to be 0.1652.
COMS traded an average of 63.45M shares per day over the past three months and 27.69M shares per day over the past ten days. A total of 238.11M shares are outstanding, with a floating share count of 213.68M. Insiders hold about 10.26% of the company’s shares, while institutions hold 3.10% stake in the company. Shares short for COMS as of Oct 13, 2022 were 3.51M with a Short Ratio of 16.80M, compared to 3.19M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.64% and a Short% of Float of 4.58%.
The firm’s stock currently is rated by 1 analysts. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.27 and -$0.27 for the fiscal current year, implying an average EPS of -$0.27. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
A total of 1 analysts have provided revenue estimates for COMS’s current fiscal year. The highest revenue estimate was $42M, while the lowest revenue estimate was $42M, resulting in an average revenue estimate of $42M. In the same quarter a year ago, actual revenue was $12.64M, up 232.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $122.06M in the next fiscal year. The high estimate is $122.06M and the low estimate is $122.06M. The average revenue growth estimate for next year is up 190.60% from the average revenue estimate for this year.