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COMSovereign (NASDAQ:COMSP) Trading Up 10%

Defense World ·  Apr 14, 2023 02:32

Shares of COMSovereign Holding Corp. (NASDAQ:COMSP – Get Rating) were up 10% during trading on Thursday . The stock traded as high as $4.60 and last traded at $3.41. Approximately 2,909 shares were traded during trading, an increase of 45% from the average daily volume of 2,002 shares. The stock had previously closed at $3.10.

COMSovereign Price Performance

The stock has a 50-day moving average price of $2.83 and a 200 day moving average price of $2.00.

About COMSovereign

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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.

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