The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Co-Diagnostics Inc’s current trading price is -87.58% away from its 52-week high, while its distance from the 52-week low is 21.76%. The stock’s price range for this period has been between $0.23 and $2.23 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.38 million for the day, a number notably higher than the average daily volume of 0.38 million over the last three months.
Co-Diagnostics Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $2.23 on 08/23/24, while the lowest price for the same period was registered at $0.23 on 05/23/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Co-Diagnostics Inc (CODX) has experienced a quarterly decline of -22.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.34M and boasts a workforce of 132 employees.
Analyzing Trading Volume and Moving Average Trends
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CODX stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.02.
CODX Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -78.02% this year. Over the last six months, there has been a stronger performance of -60.42%. The price of CODX leaped by -2.36% during the last 30 days period. For the last 5-days stocks have improved 3.78%.
