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As of close of business last night, Cardio Diagnostics Holdings Inc’s stock clocked out at $0.58, down -3.85% from its previous closing price of $0.61. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 1.23 million shares were traded.
Ratios:
To gain a deeper understanding of CDIO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.51 and its Current Ratio is at 8.51. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.13.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 06 ’24 when Philibert Robert bought 34,075 shares for $0.29 per share. The transaction valued at 9,763 led to the insider holds 1,683,867 shares of the business.
Dogan Meeshanthini bought 68,965 shares of CDIO for $20,000 on Sep 06 ’24. The Chief Technology Officer now owns 197,310 shares after completing the transaction at $0.29 per share. On Sep 06 ’24, another insider, Dogan Meeshanthini, who serves as the Chief Executive Officer of the company, bought 68,965 shares for $0.29 each. As a result, the insider paid 20,000 and bolstered with 1,683,867 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 762.74 while its Price-to-Book (P/B) ratio in mrq is 4.81.
Stock Price History:
Over the past 52 weeks, CDIO has reached a high of $1.86, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is -19.36%, while the 200-Day Moving Average is calculated to be 15.00%.
Shares Statistics:
A total of 40.44M shares are outstanding, with a floating share count of 36.50M. Insiders hold about 9.73% of the company’s shares, while institutions hold 6.32% stake in the company.
Earnings Estimates
The dynamic stock of Cardio Diagnostics Holdings Inc (CDIO) is currently being evaluated by a team of 1.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.36 and -$0.36 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is -$0.23, with 1.0 analysts recommending between -$0.23 and -$0.23.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $25k. It ranges from a high estimate of $25k to a low estimate of $25k. As of the current estimate, Cardio Diagnostics Holdings Inc’s year-ago sales were $5.31kFor the next quarter, 1 analysts are estimating revenue of $50k. There is a high estimate of $50k for the next quarter, whereas the lowest estimate is $50k.
A total of 1 analysts have provided revenue estimates for CDIO’s current fiscal year. The highest revenue estimate was $55k, while the lowest revenue estimate was $55k, resulting in an average revenue estimate of $55k. In the same quarter a year ago, actual revenue was $17.07kBased on 1 analysts’ estimates, the company’s revenue will be $525k in the next fiscal year. The high estimate is $525k and the low estimate is $525k.
