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The closing price of Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) was $2.71 for the day, down -14.78% from the previous closing price of $3.18. In other words, the price has decreased by -$14.78 from its previous closing price. On the day, 53111.0 shares were traded. CDIO stock price reached its highest trading level at $3.07 during the session, while it also had its lowest trading level at $2.6412.
Ratios:
Our analysis of CDIO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 17.39 and its Current Ratio is at 17.39. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.03.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CDIO now has a Market Capitalization of 4948601 and an Enterprise Value of -920022. For the stock, the TTM Price-to-Sale (P/S) ratio is 247.56 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at -58.296 whereas that against EBITDA is 0.15.
Stock Price History:
The Beta on a monthly basis for CDIO is 2.87, which has changed by -0.87871855 over the last 52 weeks, in comparison to a change of 0.17511821 over the same period for the S&P500. Over the past 52 weeks, CDIO has reached a high of $30.60, while it has fallen to a 52-week low of $2.42. The 50-Day Moving Average of the stock is -20.77%, while the 200-Day Moving Average is calculated to be -49.58%.
Shares Statistics:
CDIO traded an average of 35.57K shares per day over the past three months and 29730 shares per day over the past ten days. A total of 1.77M shares are outstanding, with a floating share count of 1.70M. Insiders hold about 6.79% of the company’s shares, while institutions hold 6.30% stake in the company. Shares short for CDIO as of 1765756800 were 2191 with a Short Ratio of 0.06, compared to 1763078400 on 4356. Therefore, it implies a Short% of Shares Outstanding of 2191 and a Short% of Float of 0.13.
