Witnessing the stock’s movement on the chart, on Wednesday, Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) had a quiet start as it plunged -6.19% to $0.37, before settling in for the price of $0.40 at the close. Taking a more long-term approach, CDIO posted a 52-week range of $0.19-$1.77.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 602.07%. This publicly-traded company’s shares outstanding now amounts to $52.15 million, simultaneously with a float of $48.21 million. The organization now has a market capitalization sitting at $19.51 million. At the time of writing, stock’s 50-day Moving Average stood at $0.4425, while the 200-day Moving Average is $0.4558.
Cardio Diagnostics Holdings Inc (CDIO) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Cardio Diagnostics Holdings Inc’s current insider ownership accounts for 7.55%, in contrast to 4.90% 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal 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 13.92. The Stock has managed to achieve an average true range (ATR) of 0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 650.39.
In the same vein, CDIO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.35.
Technical Analysis of Cardio Diagnostics Holdings Inc (CDIO)
Going through the that latest performance of [Cardio Diagnostics Holdings Inc, CDIO]. Its last 5-days volume of 0.54 million was inferior to the volume of 2.07 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 78.48% While, its Average True Range was 0.0554.
Raw Stochastic average of Cardio Diagnostics Holdings Inc (CDIO) in the period of the previous 100 days is set at 9.35%, which indicates a major fall in contrast to 63.62% 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 129.19% that was lower than 180.96% volatility it exhibited in the past 100-days period.
