In the last trading session, 1.33 million Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) shares changed hands as the company’s beta touched 3.66. With the company’s per share price at $0.31 changed hands at -$0.02 or -7.31% during last session, the market valuation stood at $15.93M. CDIO’s last price was a discount, traded about -470.97% off its 52-week high of $1.77. The share price had its 52-week low at $0.19, which suggests the last value was 38.71% up since then. When we look at Cardio Diagnostics Holdings Inc’s average trading volume, we note the 10-day average is 0.99 million shares, with the 3-month average coming to 2.30 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 -19.56%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -66.68%, with the 5-day performance at -19.56% in the red. However, in the 30-day time frame, Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) is -33.21% down. Looking at the short shares, we see there were 1.25 million shares sold at short interest cover period of 0.96 days.
Cardio Diagnostics Holdings Inc (CDIO) estimates and forecasts
Year-over-year growth is forecast to reach 1,404.73% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 50k. 1 analysts are of the opinion that Cardio Diagnostics Holdings Inc’s revenue for the current quarter will be 75k. The company’s revenue for the corresponding quarters a year ago was 15.93k and 7.87k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 213.87%. The estimates for the next quarter sales put growth at 852.99%.
CDIO Dividends
Cardio Diagnostics Holdings Inc is expected to release its next quarterly earnings report on 2025-Mar-19.
Cardio Diagnostics Holdings Inc (NASDAQ:CDIO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.55% of Cardio Diagnostics Holdings Inc shares while 4.93% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 5.33%.
