As on Thursday, Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) got off with the flyer as it spiked 10.80% to $0.28, before settling in for the price of $0.25 at the close. Taking a more long-term approach, CDIO posted a 52-week range of $0.19-$3.56.
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The Healthcare sector firm’s twelve-monthly sales growth has been 850.88% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 45.45%. This publicly-traded company’s shares outstanding now amounts to $25.88 million, simultaneously with a float of $21.95 million. The organization now has a market capitalization sitting at $7.26 million. At the time of writing, stock’s 50-day Moving Average stood at $0.2725, while the 200-day Moving Average is $0.8333.
Cardio Diagnostics Holdings Inc (CDIO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Cardio Diagnostics Holdings Inc’s current insider ownership accounts for 15.21%, in contrast to 6.94% institutional ownership. According to the most recent insider trade that took place on Sep 06 ’24, this organization’s Chief Medical Officer bought 34,075 shares at the rate of 0.29, making the entire transaction reach 9,763 in total value, affecting insider ownership by 1,683,867. Preceding that transaction, on Sep 06 ’24, Company’s Chief Technology Officer bought 68,965 for 0.29, making the whole transaction’s value amount to 20,000. This particular insider is now the holder of 197,310 in total.
Cardio Diagnostics Holdings Inc (CDIO) Earnings and Revenue Records
Cardio Diagnostics Holdings Inc’s EPS increase for this current 12-month fiscal period is 45.45% and is forecasted to reach -0.25 in the upcoming year.
Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) Trading Performance Indicators
Let’s observe the current performance indicators for Cardio Diagnostics Holdings Inc (CDIO). It’s Quick Ratio in the last reported quarter now stands at 5.69. The Stock has managed to achieve an average true range (ATR) of 0.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 181.44.
In the same vein, CDIO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.48, a figure that is expected to reach -0.05 in the next quarter, and analysts are predicting that it will be -0.25 at the market close of one year from today.
Technical Analysis of Cardio Diagnostics Holdings Inc (CDIO)
Through scrutinizing the latest numbers posted by the [Cardio Diagnostics Holdings Inc, CDIO], it can be observed that its last 5-days Average volume of 4.04 million was better the volume of 0.96 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 46.47% While, its Average True Range was 0.0377.
Raw Stochastic average of Cardio Diagnostics Holdings Inc (CDIO) in the period of the previous 100 days is set at 19.57%, which indicates a major fall in contrast to 59.06% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 177.21% that was higher than 107.09% volatility it exhibited in the past 100-days period.
