In the last trading session, 2.09 million shares of the Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) were traded, and its beta was 4.06. Most recently the company’s share price was $0.82, and it changed around -$0.11 or -10.91% from the last close, which brings the market valuation of the company to $31.45M. CDIO currently trades at a discount to its 52-week high of $3.56, offering almost -334.15% off that amount. The share price’s 52-week low was $0.19, which indicates that the current value has risen by an impressive 76.83% since then. We note from Cardio Diagnostics Holdings Inc’s average daily trading volume that its 10-day average is 6.16 million shares, with the 3-month average coming to 6.56 million.
Cardio Diagnostics Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended CDIO as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) trade information
Instantly CDIO has showed a red trend with a performance of -10.91% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.0600 on recent trading dayincreased the stock’s daily price by 22.64%. The company’s shares are currently down -66.90% year-to-date, but still down -15.37% over the last five days. On the other hand, Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) is 173.70% up in the 30-day period. We can see from the shorts that 1.68 million shares have been sold at a short interest cover period of 0.7 day(s).
Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts
Cardio Diagnostics Holdings Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 52.61 percent over the past six months and at a 50.00% annual growth rate that is well above the industry average of 16.70%.
CDIO Dividends
Cardio Diagnostics Holdings Inc’s next quarterly earnings report is expected to be released in January.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.86% of Cardio Diagnostics Holdings Inc shares, and 4.15% of them are in the hands of institutional investors. The stock currently has a share float of 4.60%.