Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) Rose 75.36% From Its 52-Week Low; YTD Numbers Fall -72.29% – Here Are Some Things To Keep In Mind

During the last session, Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s traded shares were 0.45 million, with the beta value of the company hitting 5.23. At the end of the trading day, the stock’s price was $0.69, reflecting an intraday loss of -4.49% or -$0.03. The 52-week high for the CDIO share is $3.56, that puts it down -415.94 from that peak though still a striking 75.36% gain since the share price plummeted to a 52-week low of $0.17. The company’s market capitalization is $14.90M, and the average trade volume was 496.84K shares over the past three months.

Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) trade information

Cardio Diagnostics Holdings Inc (CDIO) registered a -4.49% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.49% in intraday trading to $0.69, hitting a weekly high. The stock’s 5-day price performance is -20.69%, and it has moved by -49.64% in 30 days. Based on these gigs, the overall price performance for the year is -71.60%.

Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts

Statistics show that Cardio Diagnostics Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Cardio Diagnostics Holdings Inc (CDIO) shares have gone up 245.00% during the last six months, with a year-to-date growth rate more than the industry average at 50.00% against 12.90. In the rating firms’ projections, revenue will increase 3,841.20% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 120k by the end of current fiscal year.

While earnings are projected to return 34.09% in 2024.

CDIO Dividends

Cardio Diagnostics Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s Major holders