Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) currently has a daily average trading volume of 783.49K but it saw 5909432 shares traded in last market. With a market cap of 5.95M USD, the company’s current market price of $0.23 came rising about 10.85 while comparing to the previous closing price of $0.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.56 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.2197 while lowest mark touched by it was $0.255.
Taking a look at 20-day trading activity of Cardio Diagnostics Holdings Inc (CDIO) gives us an average price of $0.2692, while its current price level is -93.54% below from 52-week high level whereas it is 34.50% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.3614 while that of 200 days or SMA-200 reads an average of $1.0767. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.27% during that period while stretching the period over a month that decreases to 11.12%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.05 which implies that the stock is in neutral territory.
Over the week, CDIO’s stock price is moving -12.65% down while it is -30.30% when we observe its performance for the past one month. Year-to-date it is -90.76% down and over the past year, the stock is showing a downside performance of -32.35%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.16 beat the consensus estimate of -0.27 for the same. The company is expected to be releasing its next quarterly report on 2024-Aug-12, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.45. In next quarter, company is expected to be making quarterly sales of $190k as analysts are expecting the sales for current fiscal year at $370k and seeing the company making $520k in sales next year. Moreover, analysts are in estimates of $100k for current-quarter revenue.
Currently, Cardio Diagnostics Holdings Inc’s total number of outstanding shares is 25.88M. Company’s return on investment (ROI) stands at -242.30% and return on equity (ROE) at -293.27%. Stock’s beta reads 4.75. Stock has a price to book (P/B) ratio of 1.74 while price to sale or P/S ratio amounts to 148.81. Its return on asset (ROA) is -163.16% on average.
