No matter how cynical the overall market is, Cardio Diagnostics Holdings Inc (CDIO) performance over the last week is recorded -21.97%

Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) kicked off on Tuesday, down -25.90% from the previous trading day, before settling in for the closing price of $1.39. Over the past 52 weeks, CDIO has traded in a range of $0.17-$4.04.

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Healthcare Sector giant saw their annual sales surged by 850.88% over the last five years. While this was happening, its average annual earnings per share was recorded 26.67%. With a float of $16.71 million, this company’s outstanding shares have now reached $20.54 million.

The firm has a total of 9 workers. Let’s measure their productivity.

Cardio Diagnostics Holdings Inc (CDIO) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Cardio Diagnostics Holdings Inc is 18.66%, while institutional ownership is 8.18%. The most recent insider transaction that took place on Aug 31 ’23, was worth 8,982. In this transaction Chief Technology Officer of this company bought 16,481 shares at a rate of $0.55, taking the stock ownership to the 128,345 shares. Before that another transaction happened on Aug 31 ’23, when Company’s Chief Executive Officer bought 16,481 for $0.55, making the entire transaction worth $8,982. This insider now owns 128,345 shares in total.

Cardio Diagnostics Holdings Inc (CDIO) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported -$0.16 earnings per share (EPS), higher than consensus estimate (set at -$0.27) by $0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 26.67% per share during the next fiscal year.

Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) Trading Performance Indicators

Take a look at Cardio Diagnostics Holdings Inc’s (CDIO) current performance indicators. Last quarter, stock had a quick ratio of 3.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1057.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.73, a number that is poised to hit -0.13 in the next quarter

Technical Analysis of Cardio Diagnostics Holdings Inc (CDIO)

Analysing the last 5-days average volume posted by the [Cardio Diagnostics Holdings Inc, CDIO], we can find that recorded value of 0.42 million was lower than the volume posted last year of 1.12 million. As of the previous 9 days, the stock’s Stochastic %D was 42.30%. Additionally, its Average True Range was 0.18.

During the past 100 days, Cardio Diagnostics Holdings Inc’s (CDIO) raw stochastic average was set at 13.36%, which indicates a significant decrease from 19.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 150.95% in the past 14 days, which was lower than the 239.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6749, while its 200-day Moving Average is $1.2758. Now, the first resistance to watch is $1.2730. This is followed by the second major resistance level at $1.5161. The third major resistance level sits at $1.7021. If the price goes on to break the first support level at $0.8439, it is likely to go to the next support level at $0.6579. Now, if the price goes above the second support level, the third support stands at $0.4148.

Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) Key Stats

The company with the Market Capitalisation of 21.16 million has total of 20,540K Shares Outstanding. Its annual sales at the moment are 1 K in contrast with the sum of -4,660 K annual income. Company’s last quarter sales were recorded 10 K and last quarter income was -1,930 K.