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Cosmos

<ul class="list-ic vertical"> 
 <li> 1 <a>Cosmos Health Inc (NASDAQ: COSM) stock lost 10.58% of its trading price in the July 18 trading session.&nbsp;</a> </li> 
 <li> 2 <a>COSM stock lost more than 16.56% of its trading value in the monthly time frame.&nbsp;</a> </li> 
 <li> 3 <a>COSM stock faces resistance at the 50 day EMA and is slipping down and forming lower lows.</a> </li> 
</ul> 
Cosmos Health Inc (NASDAQ: COSM) stock lost 10.58% of its trading price in the July 18 trading session. It opened trading at $2.73, dipped to $2.65, hit a high of $2.73, and closed trading at $2.66 with an intraday trading volume of 9.692k.&nbsp; 
In the monthly time frame, COSM stock lost more than 16.56% of its trading value, and in the yearly time frame, Cosmos Health Inc stock lost approximately 73.65% of its trading price.&nbsp; 
Cosmos stock’s highest trading price in the 52-week time frame was $ 23.84, and its lowest was $1.69. In the pre-market, COSM stock opened trading at a 1.87% higher price than its last closing prices.&nbsp; 
The market capitalization of Cosmos Health Inc is $28.357 million, and its average trading volume is 544.273k. After analyzing the technical aspects of Cosmo stock, it is evident that the sudden rise in price and trading volume is a reflex action of speculative activities, which is affecting the volume and prices at fixed intervals.&nbsp; 
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 <img decoding="async" src="https://lh3.googleusercontent.com/EqXGdKc3xk5b4AWqHudVE1hxlAUYuVRb6LJ1VMI65RSCcBSvXdyt3NpB3sfVgn9QfJLxqrEK9Sv0oZTTWvoM3PQHYnEZfQYuOGxAWtRlFt9000aO639dKBMY4E2kHGBSJQ9_aSNZdzEExWVLObvcgQ" alt="COSM Stock Lost 10.58%; Speculative Actions Impacting Investors&nbsp;&nbsp;"> 
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 Source: COSM stock price chart from TradingView&nbsp; 
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COSM stock faces resistance at the 50 day EMA and is slipping down and forming lower lows. The next possible visible support of the company’s stock is $1.68. Since the last 4 months, COSM stock has been consolidating in a narrow range between $3 and $4. The ongoing decline of the stock might experience a further reduction in the upcoming sessions.&nbsp;&nbsp;&nbsp; 
The immediate resistance level of Cosmos Health Inc is $4, and the next possible resistance is $4.48.&nbsp;&nbsp; 
<h2 class="wp-block-heading" id="strong-cosmos-health-inc-nasdaq-cosm-earnings-revenue-strong">Cosmos Health Inc (NASDAQ: COSM) Earnings &amp; Revenue</h2> 
&nbsp;In Q1 2023, Cosmos Health Inc (NASDAQ: COSM) reported $12.35 million in revenue, out of which -$459.86k was its net income and its profit margin was -3.27%. The total revenue also constitutes $854.56k of gross profit, -$2.65 million of operating income, and -$487.16k of pretax income. 
A significant portion of Cosmos Health Inc’s income is generated from Nutraceuticals, and it leads its operations in Greece, <a href="https://www.thecoinrepublic.com/2023/07/18/ferrari-nv-nyse-race-ferrari-stock-price-may-slip-analysts/" target="_blank" rel="noopener noreferrer nofollow">the United Kingdom</a>, Cyprus, and Croatia, including a few other regions of the world.&nbsp; 
In the short-term, the company’s total assets are $56.04 million, and liabilities are $21.75 million. However, in the long-term, the company’s total assets are $17.07 million, and its liabilities are $7.33 million. 
In the financial year 2023, <a href="https://www.thecoinrepublic.com/2023/07/14/recursion-pharmaceuticals-receives-50m-rxrx-stock-shoots-80/" target="_blank" rel="noopener noreferrer nofollow">Cosmos Health Inc’s</a> revenue to profit conversion constitutes 11% of gross profit, -14% of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), -15% of Earnings before interest and taxes (EBIT) and -27% of net income.&nbsp; 
<h5 class="wp-block-heading">Disclaimer&nbsp;</h5> 
The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

COSM Stock Lost 10.58%; Speculative Actions Impacting Investors

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