Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) closed the day trading at $2.4 down -13.98% from the previous closing price of $2.79. In other words, the price has decreased by -$13.98 from its previous closing price. On the day, 0.63 million shares were traded. CDIO stock price reached its highest trading level at $2.66 during the session, while it also had its lowest trading level at $2.2374.
Ratios:
For a better understanding of CDIO, let’s look at its different ratios. 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 4382525 and an Enterprise Value of -1486098. For the stock, the TTM Price-to-Sale (P/S) ratio is 218.92 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at -94.164 whereas that against EBITDA is 0.242.
Stock Price History:
The Beta on a monthly basis for CDIO is 2.89, which has changed by -0.8614009 over the last 52 weeks, in comparison to a change of 0.1877265 over the same period for the S&P500. Over the past 52 weeks, CDIO has reached a high of $25.80, while it has fallen to a 52-week low of $2.42. The 50-Day Moving Average of the stock is -27.09%, while the 200-Day Moving Average is calculated to be -53.05%.
Shares Statistics:
Over the past 3-months, CDIO traded about 353.90K shares per day on average, while over the past 10 days, CDIO traded about 2051720 shares per day. 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 0.01, compared to 1763078400 on 4356. Therefore, it implies a Short% of Shares Outstanding of 2191 and a Short% of Float of 0.13.
