At the time of writing, Cardio Diagnostics Holdings Inc [CDIO] stock is trading at $0.48, down -6.91%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CDIO shares have gain 24.13% over the last week, with a monthly amount glided 13.19%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Cardio Diagnostics Holdings Inc fluctuated between $0.19 and $1.77. Cardio Diagnostics Holdings Inc [NASDAQ: CDIO] shares were valued at $0.48 at the most recent close of the market.
Analyzing the CDIO fundamentals
According to Cardio Diagnostics Holdings Inc [NASDAQ:CDIO], the company’s sales were 0.03M for trailing twelve months, which represents an -15.03% plunge. Gross Profit Margin for this corporation currently stands at -0.41% with Operating Profit Margin at -239.78%, Pretax Profit Margin comes in at -240.28%, and Net Profit Margin reading is -240.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.79, Equity is -1.73 and Total Capital is -0.84. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4411 points at the first support level, and at 0.3982 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5433, and for the 2nd resistance point, it is at 0.6026.
Ratios To Look Out For
It is important to note that Cardio Diagnostics Holdings Inc [NASDAQ:CDIO] has a current ratio of 13.92. As well, the Quick Ratio is 13.92, while the Cash Ratio is 12.39. Considering the valuation of this stock, the price to sales ratio is 841.33, the price to book ratio is 2.33.
Transactions by insiders
Recent insider trading involved Philibert Robert, Chief Medical Officer, that happened on Sep 06 ’24 when 34075.0 shares were purchased. Chief Technology Officer, Dogan Meeshanthini completed a deal on Sep 06 ’24 to buy 68965.0 shares. Meanwhile, Chief Executive Officer Dogan Meeshanthini bought 68965.0 shares on Sep 06 ’24.
