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Co-Diagnostics Inc (NASDAQ: CODX) closed the day trading at $0.4 down -4.60% from the previous closing price of $0.42. In other words, the price has decreased by -$4.60 from its previous closing price. On the day, 1.94 million shares were traded. CODX stock price reached its highest trading level at $0.4387 during the session, while it also had its lowest trading level at $0.3801.
Ratios:
For a better understanding of CODX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.83 and its Current Ratio is at 4.12. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CODX now has a Market Capitalization of 15413286 and an Enterprise Value of 3754182. For the stock, the TTM Price-to-Sale (P/S) ratio is 33.79 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 3.741 whereas that against EBITDA is -0.1.
Stock Price History:
The Beta on a monthly basis for CODX is 0.98, which has changed by -0.6581197 over the last 52 weeks, in comparison to a change of 0.16333759 over the same period for the S&P500. Over the past 52 weeks, CODX has reached a high of $1.40, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is 28.87%, while the 200-Day Moving Average is calculated to be -11.48%.
Shares Statistics:
Over the past 3-months, CODX traded about 6.48M shares per day on average, while over the past 10 days, CODX traded about 27867450 shares per day. A total of 48.14M shares are outstanding, with a floating share count of 36.56M. Insiders hold about 24.06% of the company’s shares, while institutions hold 10.77% stake in the company. Shares short for CODX as of 1756425600 were 1361749 with a Short Ratio of 0.21, compared to 1753920000 on 596954. Therefore, it implies a Short% of Shares Outstanding of 1361749 and a Short% of Float of 3.7900000000000005.
Earnings Estimates
The firm’s stock currently is rated by 2.0 analysts. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.09 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.72 and -$0.72 for the fiscal current year, implying an average EPS of -$0.72. EPS for the following year is -$0.28, with 2.0 analysts recommending between -$0.17 and -$0.39.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for CODX’s current fiscal year. The highest revenue estimate was $813k, while the lowest revenue estimate was $213k, resulting in an average revenue estimate of $513k. In the same quarter a year ago, actual revenue was $3.92M
