Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) Surged 245.24% In 6 Months – Here’s What Happens Next

Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s traded shares stood at 0.7 million during the last session, with the company’s beta value hitting 5.07. At the close of trading, the stock’s price was $0.87, to imply a decrease of -20.18% or -$0.22 in intraday trading. The CDIO share’s 52-week high remains $3.56, putting it -309.2% down since that peak but still an impressive 80.46% since price per share fell to its 52-week low of $0.17. The company has a valuation of $18.78M, with an average of 514.41K shares over the past 3 months.

Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) trade information

After registering a -20.18% downside in the last session, Cardio Diagnostics Holdings Inc (CDIO) has traded red over the past five days. The stock hit a weekly high of 1.1300, dropping -20.18% in its intraday price action. The 5-day price performance for the stock is -21.62%, and -29.84% over 30 days. With these gigs, the year-to-date price performance is -65.06%.

Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts

Looking at statistics comparing Cardio Diagnostics Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. Cardio Diagnostics Holdings Inc (CDIO) shares are 245.24% up over the last 6 months, with its year-to-date growth rate higher than industry average at 50.00% against 13.30%.

CDIO Dividends

Cardio Diagnostics Holdings Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Cardio Diagnostics Holdings Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.