Insider Buying: Cosmos Health Inc. (NASDAQ:COSM) CEO Acquires 62,500 Shares of Stock

Cosmos Health Inc. (NASDAQ:COSM) CEO Grigorios Siokas bought 62,500 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were purchased at an average cost of $0.80 per share, for a total transaction of $50,000.00. Following the transaction, the chief executive officer now owns 4,087,727 shares in the company, valued at approximately $3,270,181.60. This represents a 1.55 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Grigorios Siokas also recently made the following trade(s):

• On Monday, January 13th, Grigorios Siokas bought 163,666 shares of Cosmos Health stock. The shares were purchased at an average cost of $0.61 per share, for a total transaction of $99,836.26.
• On Friday, December 20th, Grigorios Siokas bought 257,334 shares of Cosmos Health stock. The shares were purchased at an average cost of $0.58 per share, for a total transaction of $149,253.72.

Cosmos Health Price Performance

Cosmos Health stock opened at $0.86 on Friday. Cosmos Health Inc. has a 52 week low of $0.47 and a 52 week high of $1.58. The company’s 50 day moving average price is $0.71 and its two-hundred day moving average price is $0.91. The company has a quick ratio of 1.24, a current ratio of 1.44 and a debt-to-equity ratio of 0.08. The stock has a market cap of $19.94 million, a P/E ratio of -0.35 and a beta of 5.57.

About Cosmos Health

Cosmos Health Inc manufactures, develops, and trades branded nutraceutical products in Greece, the United Kingdom, Croatia, Bulgaria, Cayman Islands, and Cyprus. It offers medicines, OTC medicines, nutraceutical products, vitamins, minerals and dietary, health care products, medical devices, baby products, and others under the Sky Premium Life and Mediterranation brand names.