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1 Comment
COMSovereign Holding Corp is currently in a long term downtrend where the price is trading 45.6% below its 200 day moving average.
From a valuation standpoint, the stock is 32.9% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 12.5.
COMSovereign Holding Corp's total revenue rose by 223.5% to $2M since the same quarter in the previous year.
Its net income has increased by 100.1% to $21K since the same quarter in the previous year.
Finally, its free cash flow fell by 5.3% to $-5M since the same quarter in the previous year.
Based on the above factors, COMSovereign Holding Corp gets an overall score of 3/5.
Industry | Telecom Services |
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Sector | Communication Services |
ISIN | US2056502030 |
CurrencyCode | USD |
Exchange | NASDAQ |
Beta | 1.46 |
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Dividend Yield | 0.0% |
Target Price | 2.1 |
PE Ratio | None |
Market Cap | 4M |
COMSovereign Holding Corp. provides technologically-advanced telecom solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide. The company offers packet microwave solutions that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other organizations; and in-band full-duplex technologies that alleviate the performance limitations of the principal transmission technologies. It also provides tethered drones and aerostats for use in intelligence, surveillance, and reconnaissance, as well as communication applications for national defense and security customers; and edge compute capable small cell 4G LTE and 5G access radios. In addition, the company offers maintenance and support services, as well as other professional services, such as engineering, designing, and developing a range of network systems and system components. The company was formerly known as Drone Aviation Holding Corp. and changed its name to COMSovereign Holding Corp. in November 2019. COMSovereign Holding Corp. was incorporated in 2014 and is based in Tucson, Arizona.
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