A$0.24 COS.AX COSOL ASX falls 36.84% pre-market Feb 2026: watch A$0.33 support
The COS.AX stock plunged to A$0.24 in pre-market trade after a February earnings update, sliding 36.84% on heavy volume. We see the move as an immediate market reaction to the 25 February results and guidance, with intraday volume at 1,512,977 shares versus an average of 52,254. COSOL Limited (COS.AX) now trades well below its 50-day average of A$0.47 and 200-day average of A$0.55 on the ASX. We break down the drivers, valuation, technicals and what Meyka AI’s models now project for the stock.
COS.AX stock: price move tied to earnings and volume
COS.AX stock fell 36.84% to A$0.24 after the company’s earnings announcement on 25 February 2026. The share price opened at A$0.34 and printed a day low of A$0.235, signalling a fast sell-off. Market participants increased selling: volume hit 1,512,977 versus an average 52,254, a relative volume surge near 1.41x.
COS.AX stock valuation and core financials
COSOL Limited on the ASX shows a market capitalisation of A$62,786,135.00 and trailing EPS A$0.04, giving a reported PE near 8.63. Price-to-sales is 0.54, and price-to-book is 0.82, suggesting the market now values the company below historical averages. Current ratio stands at 1.49 and debt/equity near 0.42, indicating a manageable balance sheet for a small technology services firm.
COS.AX stock technicals: oversold but volatile
Technical indicators show COS.AX stock is oversold: RSI 25.63, CCI -209.10 and Williams %R -89.84. Short-term momentum is negative with MACD slightly below signal and ATR around A$0.02, reflecting increased volatility. Investors should note the 50-day average A$0.47 and immediate support cluster near A$0.33 to A$0.24.
COS.AX stock: Meyka grade and model forecast
Meyka AI rates COS.AX with a score of 74.81 out of 100 — Grade B+, Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly target of A$0.30 and a quarterly target of A$0.25, versus the current price A$0.24. The monthly target implies an upside of 25.00%; forecasts are model-based projections and not guarantees.
COS.AX stock risks and catalysts to watch
Key near-term catalysts for COS.AX stock include follow-up earnings commentary, contract updates in resource and infrastructure clients, and cashflow beats or misses. Risks include weaker-than-expected revenue growth, rising receivables pressure and any shift in public infrastructure spending. Watch receivables days (~57 days) and interest coverage (7.70x) for signs of stress.
Final Thoughts
COS.AX stock is trading at A$0.24 after a sharp pre-market drop tied to the 25 February earnings update and heavy volume. Valuation metrics look inexpensive versus peers: trailing PE 8.63, P/S 0.54 and P/B 0.82, yet technicals show an oversold market with RSI 25.63. Meyka AI’s forecast model projects a near-term monthly target of A$0.30, an implied upside of 25.00% from today’s price. Our Meyka grade (B+, score 74.81/100) balances solid margins and cashflow with revenue growth headwinds and elevated volatility. Traders seeking a bounce may watch the A$0.33 to A$0.24 zone; longer-term investors should focus on contract wins, receivables trends and quarterly earnings beats before adding exposure. For more on live quotes and trading data see the COS.AX page on Meyka and market context from industry feeds COS.AX on Meyka. Forecasts are model-based projections and not guarantees.
FAQs
Why did COS.AX stock fall so sharply pre-market?
COS.AX stock dropped after the 25 February earnings release and guidance that disappointed market expectations. Heavy volume amplified the move. Key drivers were revenue guidance, margin commentary, and investor reaction to short-term cashflow figures.
What are the near-term technical levels for COS.AX stock?
Near-term resistance is the 50-day average at A$0.47. Immediate support sits between A$0.33 and A$0.24. RSI 25.63 indicates oversold conditions, but volatility remains high.
What does Meyka AI forecast for COS.AX stock?
Meyka AI’s forecast model projects a monthly target of A$0.30 and a quarterly target of A$0.25, implying 25.00% and 4.17% upside respectively versus the current A$0.24. These are model projections, not guarantees.
Is COS.AX stock a buy after the drop?
Meyka AI assigns COS.AX a B+ grade with a BUY suggestion based on valuation and cashflow metrics. However, buyers should wait for confirmation in earnings or contract updates and monitor receivables and margin trends.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.