How to Buy Cardio Diagnostics Holdings Stock
Cardio Diagnostics Holdings Inc
Cardio Diagnostics Holdings, Inc. develops and commercializes epigenetics-based clinical tests for cardiovascular disease. It offers Epi+Gen CHD, a three-year symptomatic coronary heart disease risk assessment test. Cardio Diagnostics Holdings, Inc.
Cardio Diagnostics Holdings stock last closed at $0.34, up 1.19% from the previous day, and has decreased 96.61% in one year. It has underperformed other stocks in the Biotechnology industry by 0.64 percentage points. Cardio Diagnostics Holdings stock is currently +7.59% from its 52-week low of $0.32, and -96.68% from its 52-week high of $10.25.
At the moment, there are 11.78M CDIO shares outstanding. The market value of CDIO is $4.00M. In the past 24 hours, 104,707 CDIO shares were traded.
How to Buy Cardio Diagnostics Holdings Stock
Wondering how to invest in Cardio Diagnostics Holdings stock? Here's how.
- Decide where to buy Cardio Diagnostics Holdings stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Cardio Diagnostics Holdings stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your info.
- Evaluate Cardio Diagnostics Holdings stock: The Cardio Diagnostics Holdings ticker symbol is CDIO. Is Cardio Diagnostics Holdings stock a good investment? Should you buy shares of CDIO? How do CDIO's underlying business fundamentals look? Do top analysts think Cardio Diagnostics Holdings is a good buy? Why has CDIO's stock price moved recently? (Hint: Our stock research website can help you decide if CDIO is a good stock to buy).
- Execute your CDIO buy order: Decide if you will purchase CDIO shares at the current market price or use a limit order to purchase CDIO stock at a specific price.
- Get the latest news on your CDIO position: Create a watchlist to important updates regarding your new investment in Cardio Diagnostics Holdings shares.
Step 1: Decide where to buy Cardio Diagnostics Holdings stock
You need an online brokerage account in order to access the NASDAQ market and buy CDIO stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you are able to buy CDIO today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Input your personal info to start your new trading account.
- Send your details by hitting the "Create Account" button.
Step 3: Deposit money your investment account
Now that you have created your account on one of the best stock apps, your next step is to transfer the money for your investment:
Watch the video below for more details transferring funds into your brokerage account.
Step 4: Evaluate Cardio Diagnostics Holdings stock
After you have figured out the best place to buy Cardio Diagnostics Holdings stock, it's crucial to research their stock prior to buying, so you truly comprehend the risk and upside.
Cardio Diagnostics Holdings Numbers
CDIO Fundamentals
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CDIO's stock page.
What is the fair value of CDIO stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CDIO's true value.
Using relative valuations measures:
- CDIO may be undervalued based on its P/B ratio of 1.38x, relative to Biotechnology industry P/B ratio of 5.09x
You can do additional valuation research on CDIO's stock here.
A look at CDIO Cashflows and Balance Sheet
Pros:
- There are more short-term assets than long-term liabilities on the CDIO balance sheet.
- There are more short-term assets than short-term liabilities on the CDIO balance sheet.
Cons:
- CDIO has cash burn of 7478024. It does not have enough cash and short-term investments to cover this.
- CDIO has $5.06M in cash and short term investments. This is not sufficient to cover its annual cash burn of $7.48M.
- CDIO has a relatively high debt to equity ratio of 1.32.
- CDIO profit margin has gone down from -168,343.5% to -320,914.2% in the past year.
Is CDIO stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who give forecasts on CDIO, the consensus analyst rating on Cardio Diagnostics Holdings is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent CDIO Analyst Recommendations
Bruce Jackson, a bottom 5% analyst from Benchmark reiterates CDIO with a buy rating and maintains their CDIO price target from $8.00 to $8.00, on Jun 15, 2023.
Carl Byrnes, a bottom 15% analyst from Northland Securities initiates coverage on CDIO with a buy rating and announces their CDIO price target of $8.00, on May 22, 2023.
You can dive deeper into what analysts are forecasting on the Cardio Diagnostics Holdings stock forecast page.
CDIO Technicals
CDIO Performance Metrics
Last year, CDIO revenue was $2.68k. During the last 1 years, CDIO's revenue has gone up by 196.89% per year. This was faster than the Biotechnology industry average of 108.28%.
Learn more about CDIO's earnings and revenue performance here.
Who is buying/selling CDIO?
In the past 12 months, insiders at CDIO have bought more shares than they have sold.
Meeshanthini Dogan, Chief Executive Officer of CDIO, was the latest CDIO insider to buy. They bought $8,982.15 worth of CDIO stock on Aug 31, 2023.
Learn more about who owns CDIO stock here.
Can I get consistent income from CDIO stock?
No, Cardio Diagnostics Holdings doesn't provide an income stream by paying out dividends.
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Step 5: Execute your CDIO buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, use a limit order.
Hit the Open button and your broker will execute the order.
If you want more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your CDIO position
Now that you own some CDIO stock, you'll want to stay up-to-date on your new stock purchase.
Put CDIO on a watchlist to get notified of the latest news about your CDIO stock.
CDIO Feed
How to Buy Stock in Cardio Diagnostics Holdings
To summarize, here are the 6 steps for buying Cardio Diagnostics Holdings stock:
- Decide where to buy Cardio Diagnostics Holdings stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Cardio Diagnostics Holdings stock
- Execute your CDIO buy order
- Get the latest news on your CDIO position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your new investment in Cardio Diagnostics Holdings, create your watchlist below.
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