Co-Diagnostics Inc (NASDAQ:CODX) currently has a daily average trading volume of 298.12K but it saw 777403 shares traded in last market. With a market cap of 9.78M USD, the company’s current market price of $0.29 came rising about 16.47 while comparing to the previous closing price of $0.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.23 and as low as $0.23. In the recent trading on the day, stock has struck highest price mark of $0.2518 while lowest mark touched by it was $0.3108.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Sidoti which downgraded the stock as “Neutral” in its note to investors issued on August 12, 2022, recommending a price target of $5 for it.
Over the week, CODX’s stock price is moving 5.45% up while it is -21.85% when we observe its performance for the past one month. Year-to-date it is -61.33% down and over the past year, the stock is showing a downside performance of -73.15%.
Currently, Co-Diagnostics Inc’s total number of outstanding shares is 33.57M with 9.00% of that held by the insiders while 17.44% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -73.26% and return on equity (ROE) at -56.80%. Stock’s beta reads 0.57. Stock has a price to book (P/B) ratio of 0.20 while price to sale or P/S ratio amounts to 17.16. Its return on asset (ROA) is -50.57% on average.
