As the world becomes increasingly uncertain, COMSovereign Holding Corp. (COMS) offers stability

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.

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Ratios:

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

Valuation Measures:

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.

Shares Statistics:

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%.

Earnings Estimates

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.

Revenue Estimates

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.