On Friday, Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) was 18.43% up from the session before settling in for the closing price of $0.46. A 52-week range for CDIO has been $0.19 – $3.56.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 850.88%. When this article was written, the company’s average yearly earnings per share was at 45.45%. With a float of $34.30 million, this company’s outstanding shares have now reached $40.44 million.
Considering the fact that the conglomerate employs 9 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -306.38%, operating margin of -23513.44%, and the pretax margin is -23125.63%.
Cardio Diagnostics Holdings Inc (CDIO) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cardio Diagnostics Holdings Inc stocks. The insider ownership of Cardio Diagnostics Holdings Inc is 15.19%, while institutional ownership is 4.11%. The most recent insider transaction that took place on Sep 06 ’24, was worth 9,763. In this transaction Chief Medical Officer of this company bought 34,075 shares at a rate of $0.29, taking the stock ownership to the 1,683,867 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Chief Technology Officer bought 68,965 for $0.29, making the entire transaction worth $20,000. This insider now owns 197,310 shares in total.
Cardio Diagnostics Holdings Inc (CDIO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 45.45% per share during the next fiscal year.
Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) Trading Performance Indicators
You can see what Cardio Diagnostics Holdings Inc (CDIO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 8.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 658.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of Cardio Diagnostics Holdings Inc (CDIO)
Compared to the last year’s volume of 1.78 million, its volume of 23.25 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.78%. Additionally, its Average True Range was 0.07.
During the past 100 days, Cardio Diagnostics Holdings Inc’s (CDIO) raw stochastic average was set at 71.58%, which indicates a significant increase from 69.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 195.49% in the past 14 days, which was higher than the 143.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2726, while its 200-day Moving Average is $0.6254. Nevertheless, the first resistance level for the watch stands at $0.6669 in the near term. At $0.7839, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8748. If the price goes on to break the first support level at $0.4590, it is likely to go to the next support level at $0.3681. Should the price break the second support level, the third support level stands at $0.2511.
Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) Key Stats
There are 40,440K outstanding shares of the company, which has a market capitalization of 26.34 million. As of now, sales total 20 K while income totals -8,380 K. Its latest quarter income was 10 K while its last quarter net income were -1,410 K.
