Buy, Sell Or Hold Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) At $0.77?

In last trading session, Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) saw 0.61 million shares changing hands with its beta currently measuring 5.25. Company’s recent per share price level of $0.77 trading at $0.08 or 10.35% at ring of the bell on the day assigns it a market valuation of $16.56M. That closing price of CDIO’s stock is at a discount of -362.34% from its 52-week high price of $3.56 and is indicating a premium of 77.92% from its 52-week low price of $0.17. Taking a look at company’s average trading volume volume of 468.51K if we extend that period to 3-months.

Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) trade information

Upright in the green during last session for gaining 10.35%, in the last five days CDIO remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $0.77 price level, adding 4.94% to its value on the day. Cardio Diagnostics Holdings Inc’s shares saw a change of -69.20% in year-to-date performance and have moved 11.13% in past 5-day. Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) showed a performance of -36.63% in past 30-days.

Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts

Statistics highlight that Cardio Diagnostics Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 144.44% of value to its shares in past 6 months, showing an annual growth rate of 50.00% while that of industry is 12.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

CDIO Dividends

Cardio Diagnostics Holdings Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.