The stock has a 36-month beta value of 4.69. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CDIO is 21.95M, and at present, short sellers hold a 4.67% of that float. On November 05, 2024, the average trading volume of CDIO was 1.55M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
CDIO) stock’s latest price update
Cardio Diagnostics Holdings Inc (NASDAQ: CDIO)’s stock price has gone rise by 7.27 in comparison to its previous close of 0.26, however, the company has experienced a -10.55% decrease in its stock price over the last five trading days. businesswire.com reported 2024-10-01 that CHICAGO–(BUSINESS WIRE)–Cardio Diagnostics’ PrecisionCHD and Epi+Gen CHD tests have received preliminary pricing determinations from CMS.
CDIO’s Market Performance
CDIO’s stock has fallen by -10.55% in the past week, with a monthly rise of 23.57% and a quarterly drop of -31.76%. The volatility ratio for the week is 15.31% while the volatility levels for the last 30 days are 13.46% for Cardio Diagnostics Holdings Inc. The simple moving average for the past 20 days is 19.79% for CDIO’s stock, with a -65.71% simple moving average for the past 200 days.
CDIO Trading at 4.69% from the 50-Day Moving Average
After a stumble in the market that brought CDIO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.17% of loss for the given period.
Volatility was left at 13.46%, however, over the last 30 days, the volatility rate increased by 15.31%, as shares surge +26.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.93% lower at present.
During the last 5 trading sessions, CDIO fell by -10.55%, which changed the moving average for the period of 200-days by -87.44% in comparison to the 20-day moving average, which settled at $0.2328. In addition, Cardio Diagnostics Holdings Inc saw -88.80% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CDIO starting from Philibert Robert, who purchase 34,075 shares at the price of $0.29 back on Sep 06 ’24. After this action, Philibert Robert now owns 1,683,867 shares of Cardio Diagnostics Holdings Inc, valued at $9,763 using the latest closing price.
Dogan Meeshanthini, the Chief Technology Officer of Cardio Diagnostics Holdings Inc, purchase 68,965 shares at $0.29 during a trade that took place back on Sep 06 ’24, which means that Dogan Meeshanthini is holding 197,310 shares at $20,000 based on the most recent closing price.
Stock Fundamentals for CDIO
Current profitability levels for the company are sitting at:
- -215.31 for the present operating margin
- -2.86 for the gross margin
The net margin for Cardio Diagnostics Holdings Inc stands at -224.15. The total capital return value is set at -2.33. Equity return is now at value -293.27, with -163.16 for asset returns.
Based on Cardio Diagnostics Holdings Inc (CDIO), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at -6.04. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is -12.43.
Currently, EBITDA for the company is -7.13 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 173.2. The receivables turnover for the company is 5.2for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.69.
Conclusion
To sum up, Cardio Diagnostics Holdings Inc (CDIO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
