Co-Diagnostics Inc (NASDAQ:CODX) has a beta value of 0.68 and has seen 0.3 million shares traded in the recent trading session. The company, currently valued at $15.16M, closed the recent trade at $0.45 per share which meant it gained $0.11 on the day or 31.62% during that session. The CODX stock price is -395.56% off its 52-week high price of $2.23 and 37.78% above the 52-week low of $0.28.
Co-Diagnostics Inc (NASDAQ:CODX) trade information
Sporting 31.62% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CODX stock price touched $0.45 or saw a fall of -21.65%. Year-to-date, Co-Diagnostics Inc shares have moved -40.05%, while the 5-day performance has seen it change 28.64%. Over the past 30 days, the shares of Co-Diagnostics Inc (NASDAQ:CODX) have changed 21.84%.
Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 92.5% from the levels at last check today.. The projected low price target is $6.0 while the price target rests at a high of $6.0. In that case, then, we find that the latest price level in today’s session is -1233.33% off the targeted high while a plunge would see the stock gain -1233.33% from the levels at last check today..
Co-Diagnostics Inc (CODX) estimates and forecasts
The company’s shares have lost -61.90% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -27.40% over the past 5 years. Earnings growth for 2025 is a modest 13.71% while over the next 5 years, the company’s earnings are expected to increase by 37.69%.
CODX Dividends
Co-Diagnostics Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Co-Diagnostics Inc (NASDAQ:CODX)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 1.78 million shares worth more than $2.23 million. As of 2024-06-30, VANGUARD GROUP INC held 5.913% of shares outstanding.
The other major institutional holder is RENAISSANCE TECHNOLOGIES LLC, with the holding of over 0.59 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.73 million and represent 1.9486% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 3.80% shares in the company for having 1.28 shares of worth $0.42 million while later fund manager owns 444.78 shares of worth $0.15 million as of Dec 31, 2024 , which makes it owner of about 1.32% of company’s outstanding stock.
