2 institutions hold shares in COMSovereign Holding Corp. (COMS), with 32.31M shares held by insiders accounting for 48.73% while institutional investors hold 0.30% of the company’s shares. The shares outstanding are 60.80M, and float is at 28.23M with Short Float at 1.78%. Institutions hold 0.16% of the Float.
The top institutional shareholder in the company is Diversified Trust Company with over 80312.0 shares valued at $0.48 million. The investor’s holdings represent 0.05% of the COMS Shares outstanding.
COMSovereign Holding Corp. (NASDAQ: COMS) is -54.17% lower on its value in year-to-date trading and has touched a low of $1.83 and a high of $11.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COMS stock was last observed hovering at around $2.67 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.75, the stock is -5.85% and -28.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.7 million and changing 3.00% at the moment leaves the stock -49.65% off its SMA200. COMS registered -26.67% loss for a year compared to 6-month loss of -61.81%. The firm has a 50-day simple moving average (SMA 50) of $3.3318 and a 200-day simple moving average (SMA200) of $5.6074.
The stock witnessed a -12.97% gain in the last 1 month and extending the period to 3 months gives it a -57.17%, and is -2.14% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.96% over the week and 10.81% over the month.
COMSovereign Holding Corp. (COMS) has around 80 employees, a market worth around $167.20M and $8.10M in sales. Distance from 52-week low is 50.27% and -75.16% from its 52-week high.
COMSovereign Holding Corp. (COMS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for COMSovereign Holding Corp. (COMS) is a “Hold”. 1 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
COMSovereign Holding Corp. quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $1.73M over the same period., but quarterly earnings will post 384.50% year-over-year. Quarterly sales are estimated to grow 1,885.10% in year-over-year returns.