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. The metric has seen a significant loss of -73.97% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -55.87%. Over the past 30 days, the price of CODX has fallen by 10.53%. And in the last five days, it has surged by 19.74%.
The stock of Co-Diagnostics Inc (CODX) is currently priced at $0.3. In the last session, the stock climbed significantly, topping out at $10.0 after opening at $0.31. The day’s lowest price was $1.0 before the stock closed at $0.27.
Co-Diagnostics Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $2.23 on 08/23/24, while the lowest value for the same period was recorded at $0.23 on 05/23/25.
52-week price history of CODX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Co-Diagnostics Inc’s current trading price is -86.34% away from its 52-week high, while its distance from the 52-week low is 33.85%. The stock’s price range during this period has varied between$0.23 and $2.23. The Co-Diagnostics Inc’s shares, which operate in the Healthcare, saw a trading volume of around 76.71 million for the day, a figure considerably higher than their average daily volume of 0.83 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Co-Diagnostics Inc (CODX) has experienced a quarterly decline of -0.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.27M and boasts a workforce of 132 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3006, with a change in price of -0.1701. Similarly, Co-Diagnostics Inc recorded 1,378,105 in trading volume during the last 100 days, posting a change of -36.69%.
CODX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 Stochastic Average
Co-Diagnostics Inc’s raw stochastic average for the past 50 days is presently 40.34%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 40.34%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 41.34% and 36.27%, respectively.
