The stock price for Cardio Diagnostics Holdings Inc (CDIO) currently stands at $2.21. The stock experienced a substantial increase in the last session, hitting $2.41 after starting at $1.46. The stock’s lowest price was $1.26 before closing at $0.99.
Cardio Diagnostics Holdings Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $8.50 on 03/02/23 and the lowest value was $0.17 on 10/26/23.
52-week price history of CDIO Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Cardio Diagnostics Holdings Inc’s current trading price is -74.00% away from its 52-week high, while its distance from the 52-week low is 1192.40%. The stock’s price range during the 52-week period has remained between $0.17 and $8.50. In the Healthcare sector, the company’s shares saw a trading volume of around 141.43 million for the day, which was evidently higher than the average daily volume of 9.68 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Cardio Diagnostics Holdings Inc (CDIO) has experienced a quarterly rise of 330.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.35M and boasts a workforce of 8 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7100, with a change in price of +1.0100. Similarly, Cardio Diagnostics Holdings Inc recorded 7,761,078 in trading volume during the last 100 days, posting a change of +84.17%.
Examining CDIO’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CDIO stands at 0.82. Similarly, the long-term debt-to-equity ratio is also 0.00.
CDIO Stock Stochastic Average
Cardio Diagnostics Holdings Inc’s raw stochastic average for the past 50 days is presently 91.07%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 91.07%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 63.67% and 55.88%, respectively.
CDIO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 108.49%. However, over the past six months, we’ve seen a weaker performance of 44.44%. The price of CDIO fallen by 761.60% over the last 30 days. And in the last five days, it has surged by 97.32%.