Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) currently has a daily average trading volume of 1.07M but it saw 8556006 shares traded in last market. With a market cap of 11.08M USD, the company’s current market price of $0.21 came falling about -47.07 while comparing to the previous closing price of $0.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.77 and as low as $0.19.
Taking a look at 20-day trading activity of Cardio Diagnostics Holdings Inc (CDIO) gives us an average price of $0.4105, while its current price level is -88.00% below from 52-week high level whereas it is 11.79% 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 $0.4074 while that of 200 days or SMA-200 reads an average of $0.4471. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.14% during that period while stretching the period over a month that decreases to 15.99%. 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 31.84 which implies that the stock is in neutral territory.
Over the week, CDIO’s stock price is moving -46.49% down while it is -32.85% when we observe its performance for the past one month. Year-to-date it is -76.84% down and over the past year, the stock is showing a downside performance of -70.98%.
Currently, Cardio Diagnostics Holdings Inc’s total number of outstanding shares is 52.15M with 7.55% of that held by the insiders while 4.93% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -83.97% and return on equity (ROE) at -133.96%. Stock’s beta reads 3.63. Stock has a price to book (P/B) ratio of 1.02 while price to sale or P/S ratio amounts to 369.33. Its return on asset (ROA) is -111.20% on average.
