Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) currently has a daily average trading volume of 6.33M but it saw 4922394 shares traded in last market. With a market cap of 35.31M USD, the company’s current market price of $0.68 came rising about 27.03 while comparing to the previous closing price of $0.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.91 and as low as $0.19. In the recent trading on the day, stock has struck highest price mark of $0.5397 while lowest mark touched by it was $0.685.
Taking a look at 20-day trading activity of Cardio Diagnostics Holdings Inc (CDIO) gives us an average price of $0.5094, while its current price level is -64.54% below from 52-week high level whereas it is 256.47% 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 $0.7061 while that of 200 days or SMA-200 reads an average of $0.5098. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.48% during that period while stretching the period over a month that decreases to 16.19%. 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 58.38 which implies that the stock is in neutral territory.
Over the week, CDIO’s stock price is moving 49.25% up while it is 18.70% when we observe its performance for the past one month. Year-to-date it is -26.14% down and over the past year, the stock is showing a downside performance of -64.91%.
Currently, Cardio Diagnostics Holdings Inc’s total number of outstanding shares is 40.44M with 9.86% of that held by the insiders while 4.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -197.78% and return on equity (ROE) at -276.30%. Stock’s beta reads 3.54. Stock has a price to book (P/B) ratio of 5.57 while price to sale or P/S ratio amounts to 882.83. Its return on asset (ROA) is -158.03% on average.
