Co-Diagnostics Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 128 out of 206 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 30.00.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Co-Diagnostics Inc is 7.29, ranking 77 out of 206 in the Healthcare Equipment & Supplies industry. Its financial status is robust, and its operating efficiency is low. Its latest quarterly revenue reached 263.92K, representing a year-over-year increase of 76.74%, while its net profit experienced a year-over-year increase of 133.39%.
Key Metrics
The current valuation score of Co-Diagnostics Inc is 6.74, ranking 150 out of 206 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -0.00, which is -13.33% below the recent high of -0.00 and -477446.67% above the recent low of -7.16.
The current earnings forecast score of Co-Diagnostics Inc is 6.00, ranking 175 out of 206 in the Healthcare Equipment & Supplies industry. The average price target is 1.25, with a high of 1.50 and a low of 1.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Co-Diagnostics Inc is 6.92, ranking 84 out of 206 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 2.45 and the support level at 1.07, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Co-Diagnostics Inc is 3.00, ranking 133 out of 206 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 6.89%, representing a quarter-over-quarter decrease of 48.69%. The largest institutional shareholder is James Simons, holding a total of 24.34K shares, representing 0.68% of shares outstanding, with 58.60% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Co-Diagnostics Inc is 1.04, ranking 198 out of 206 in the Healthcare Equipment & Supplies industry. The company's beta value is 1.28. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Co-Diagnostics Inc’s latest ESG disclosure leads the Healthcare Equipment & Supplies industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
