In the last trading session, 2.45 million Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) shares changed hands as the company’s beta touched 3.78. With the company’s per share price at $0.63 changed hands at -$0.04 or -6.41% during last session, the market valuation stood at $25.40M. CDIO’s last price was a discount, traded about -374.6% off its 52-week high of $2.99. The share price had its 52-week low at $0.19, which suggests the last value was 69.84% up since then. When we look at Cardio Diagnostics Holdings Inc’s average trading volume, we note the 10-day average is 1.8 million shares, with the 3-month average coming to 6.60 million.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) trade information
Instantly CDIO was in red as seen at the end of in last trading. With action -34.31%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -31.52%, with the 5-day performance at -34.31% in the red. However, in the 30-day time frame, Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) is -41.85% down. Looking at the short shares, we see there were 1.68 million shares sold at short interest cover period of 0.7 days.
Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts
Data shows that the Cardio Diagnostics Holdings Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 14.60% over the past 6 months, a 50.00% in annual growth rate that is considerably higher than the industry average of 16.40%.
The 2025 estimates are for Cardio Diagnostics Holdings Inc earnings to increase by 45.45%.
CDIO Dividends
Cardio Diagnostics Holdings Inc is expected to release its next quarterly earnings report in February.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 9.86% of Cardio Diagnostics Holdings Inc shares while 4.15% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 4.60%.
