What Could Change After Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) Gains 57.78% From The High-Point?

Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s traded shares stood at 1.41 million during the last session, with the company’s beta value hitting 3.53. At the close of trading, the stock’s price was $0.45, to imply a decrease of -8.44% or -$0.04 in intraday trading. The CDIO share’s 52-week high remains $1.82, putting it -304.44% down since that peak but still an impressive 57.78% since price per share fell to its 52-week low of $0.19.

Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) trade information

After registering a -8.44% downside in the last session, Cardio Diagnostics Holdings Inc (CDIO) has traded red over the past five days. The 5-day price performance for the stock is -3.93%, and -5.73% over 30 days. With these gigs, the year-to-date price performance is -50.65%.

Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts

The rating firms project that company’s revenue will grow 222.20% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 25k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 50k.Earnings reports from the last fiscal year show that sales brought in 5.31k and 15.93k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 370.81% before jumping 213.87% in the following quarter.

CDIO Dividends

Cardio Diagnostics Holdings Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Cardio Diagnostics Holdings Inc (CDIO) shares. Going by data provided on Sep 30, 2024 , Vanguard Extended Market Index Fund holds roughly 232.14 shares. This is just over 0.45% of the total shares, with a market valuation of $0.11 million. Data from the same date shows that the other fund manager holds a little less at 203.3, or 0.39% of the shares, all valued at about 91995.0.