During the last session, Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s traded shares were 1.38 million, with the beta value of the company hitting 3.59. At the end of the trading day, the stock’s price was $0.46, reflecting an intraday gain of 10.50% or $0.04. The 52-week high for the CDIO share is $1.77, that puts it down -284.78 from that peak though still a striking 58.7% gain since the share price plummeted to a 52-week low of $0.19. The company’s market capitalization is $24.14M, and the average trade volume was 6.34 million shares over the past three months.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) trade information
Cardio Diagnostics Holdings Inc (CDIO) registered a 10.50% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 10.50% in intraday trading to $0.46, hitting a weekly high. The stock’s 5-day price performance is -6.31%, and it has moved by 5.47% in 30 days. Based on these gigs, the overall price performance for the year is -73.69%.
Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts
In the rating firms’ projections, revenue will increase 222.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 25k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 50k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 5.31k and 15.93k respectively. In this case, analysts expect current quarter sales to grow by 370.81% and then jump by 213.87% in the coming quarter.
While earnings are projected to return 36.11% in 2025.
CDIO Dividends
Cardio Diagnostics Holdings Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Also, the Mutual Funds coming in first place with the largest holdings of Cardio Diagnostics Holdings Inc (CDIO) shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Extended Market Index Fund owns about 232.14 shares. This amounts to just over 0.45 percent of the company’s overall shares, with a $0.11 million market value. The same data shows that the other fund manager holds slightly less at 203.3, or about 0.39% of the stock, which is worth about $94129.0.
