During the recent session, Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s traded shares were 0.5 million, with the beta value of the company hitting 3.56. At the last check today, the stock’s price was $0.42, reflecting an intraday loss of -2.92% or -$0.01. The 52-week high for the CDIO share is $1.77, that puts it down -321.43 from that peak though still a striking 54.76% gain since the share price plummeted to a 52-week low of $0.19. The company’s market capitalization is $21.65M, and the average intraday trading volume over the past 10 days was 0.57 million shares, and the average trade volume was 2.39 million shares over the past three months.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) trade information
Cardio Diagnostics Holdings Inc (CDIO) registered a -2.92% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.92% in intraday trading to $0.42, hitting a weekly high. The stock’s 5-day price performance is -5.66%, and it has moved by -16.01% in 30 days. Based on these gigs, the overall price performance for the year is -68.55%. The short interest in Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) is 1.25 million shares and it means that shorts have 0.96 day(s) to cover.
Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts
In the rating firms’ projections, revenue will increase 1,404.73% 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 50k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 75k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 15.93k and 7.87k respectively. In this case, analysts expect current quarter sales to grow by 213.87% and then jump by 852.99% in the coming quarter.
CDIO Dividends
Cardio Diagnostics Holdings Inc is due to release its next quarterly earnings on 2025-Mar-19. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s Major holders
Cardio Diagnostics Holdings Inc insiders own 7.55% of total outstanding shares while institutional holders control 4.93%, with the float percentage being 5.33%.
Also, the Mutual Funds coming in first place with the largest holdings of Cardio Diagnostics Holdings Inc (CDIO) shares are VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-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 $97475.0 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 $85367.0.
