Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) has a beta value of 3.73 and has seen 1.21 million shares traded in the last trading session. The company, currently valued at $42.29M, closed the last trade at $0.96 per share which meant it gained $0.09 on the day or 9.38% during that session. The CDIO stock price is -240.62% off its 52-week high price of $3.27 and 80.21% above the 52-week low of $0.19. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.98 million shares traded. The 3-month trading volume is 6.47 million shares.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) trade information
Sporting 9.38% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CDIO stock price touched $0.96 or saw a rise of 4.0%. Year-to-date, Cardio Diagnostics Holdings Inc shares have moved 4.25%, while the 5-day performance has seen it change -2.48%. Over the past 30 days, the shares of Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) have changed 218.14%. Short interest in the company has seen 1.68 million shares shorted with days to cover at 0.7.
Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts
Figures show that Cardio Diagnostics Holdings Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 74.45% over the past 6 months, with this year growth rate of 50.00%, compared to 16.90% for the industry. Revenue growth from the last financial year stood is estimated to be 222.20%.
1 analysts offering their estimates for the company have set an average revenue estimate of 25k for the current quarter. 1 have an estimated revenue figure of 50k for the next ending quarter. Year-ago sales stood 5.31k and 15.93k respectively for this quarter and the next, and analysts expect sales will grow by 370.81% for the current quarter and 222.20% for the next.
CDIO Dividends
Cardio Diagnostics Holdings Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s Major holders
Insiders own 9.86% of the company shares, while shares held by institutions stand at 4.15% with a share float percentage of 4.60%. Investors are also buoyed by the number of investors in a company, with Cardio Diagnostics Holdings Inc having a total of 15.0 institutions that hold shares in the company.
