In last trading session, Co-Diagnostics Inc (NASDAQ:CODX) saw 1.26 million shares changing hands with its beta currently measuring 0.68. Company’s recent per share price level of $0.31 trading at -$0.03 or -11.41% at ring of the bell on the day assigns it a market valuation of $10.29M. That closing price of CODX’s stock is at a discount of -619.35% from its 52-week high price of $2.23 and is indicating a premium of 9.68% from its 52-week low price of $0.28.
Co-Diagnostics Inc (NASDAQ:CODX) trade information
Upright in the red during last session for losing -11.41%, in the last five days CODX remained trading in the red while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $0.31 price level, adding 38.0% to its value on the day. Co-Diagnostics Inc’s shares saw a change of -59.31% in year-to-date performance and have moved -14.08% in past 5-day. Co-Diagnostics Inc (NASDAQ:CODX) showed a performance of -12.82% in past 30-days.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 94.83% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -1835.48% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1835.48% for stock’s current value.
Co-Diagnostics Inc (CODX) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -27.40% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 13.71% while estimates for its earnings growth in next 5 years are of 37.69%.
Co-Diagnostics Inc (NASDAQ:CODX)’s Major holders
VANGUARD GROUP INC is the top institutional holder at CODX for having 1.78 million shares of worth $2.23 million. And as of 2024-06-30, it was holding 5.913 of the company’s outstanding shares.
The second largest institutional holder is RENAISSANCE TECHNOLOGIES LLC, which was holding about 0.59 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.9486 of outstanding shares, having a total worth of $0.73 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 1.28 shares of worth $0.39 million or 3.80% of the total outstanding shares. The later fund manager was in possession of 444.78 shares on Dec 31, 2024, making its stake of worth around $0.14 million in the company or a holder of 1.32% of company’s stock.