NASDAQ: CODX
Co Diagnostics Inc Stock

$3.37+0.04 (+1.2%)
Updated Jun 18, 2026
CODX Price
$3.37
Fair Value Price
$7.86
Market Cap
$12.14M
52 Week Low
$1.26
52 Week High
$46.50
P/E
-0.1x
P/B
0.76x
P/S
5.84x
PEG
N/A
Dividend Yield
N/A
Revenue
$718.17k
Earnings
-$48.50M
Gross Margin
45.1%
Operating Margin
-6,980.3%
Profit Margin
-6,753.7%
Debt to Equity
0.34
Operating Cash Flow
-$28M
Beta
1.47
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

CODX Overview

Co-Diagnostics, Inc. (CODX) is a molecular diagnostics company that designs, produces, and globally markets specialized reagents. These components are integral to diagnostic tests that identify and analyze nucleic acid molecules. The company's product portfolio features the Co-Dx PCR platform, enabling Polymerase Chain Reaction (PCR) testing for patients in both clinical (point-of-care) and home settings. They offer an extensive range of PCR diagnostic tests for numerous conditions, including COVID-19, influenza, tuberculosis, hepatitis B and C, human papillomavirus, malaria, chikungunya, dengue, and the zika virus. Beyond human health, Co-Diagnostics develops three distinct multiplexed tests for screening mosquitos to detect disease-carrying pathogens. Their advanced molecular tools also serve broader applications, encompassing infectious disease detection, liquid biopsy for cancer screening, and agricultural uses such as identifying genetic traits in plant and animal genomes. Complementing these offerings is a portable diagnostic device, specifically engineered to make PCR testing accessible directly to patients in various settings. The company was founded in 2013 and is based in Salt Lake City, Utah.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine CODX's potential to beat the market

DSell
  • Stocks with a Zen Rating of Sell (D) had an average loss of -4.50% per year. Learn More

Zen Rating Component Grades

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Industry: Medical Device

Industry Rating
C
CODX
Ranked
#80 of 93

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$8.71A
$38.68A
$26.62A
View Top Medical Device Stocks

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CODX News

Overview

Due Diligence Score

Industry Average (29)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how CODX scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

CODX ($3.37) is undervalued by 57.13% relative to our estimate of its Fair Value price of $7.86 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
CODX ($3.37) is significantly undervalued by 57.13% relative to our estimate of its Fair Value price of $7.86 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
CODX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more CODX due diligence checks available for Premium users.

Valuation

CODX fair value

Fair Value of CODX stock based on Discounted Cash Flow (DCF)

Price
$3.37
Fair Value
$7.86
Undervalued by
57.13%
CODX ($3.37) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CODX ($3.37) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
CODX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CODX price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-0.1x
Industry
20.08x
Market
9.47x

CODX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.76x
Industry
2.95x
CODX is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CODX's financial health

Profit margin

Revenue
$146.0k
Net Income
-$9.1M
Profit Margin
-6,262.3%
CODX's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
CODX's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$21.5M
Liabilities
$5.5M
Debt to equity
0.34
CODX's short-term assets ($9.78M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CODX's short-term assets ($9.78M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CODX's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
CODX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$7.8M
Investing
-$142.0k
Financing
$4.3M
CODX's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CODX vs Medical Device Stocks

TickerZen RatingMarket Cap1d %P/EP/B
CODXD$12.14M+1.20%-0.10x0.76x
MODD$13.34M+15.47%-0.35x2.27x
PMI$13.72M-4.71%-0.24x3.62x
ICCM$14.61M-15.63%-0.75x1.72x
ADGM$15.10M-2.86%-0.52x2.64x

Co Diagnostics Stock FAQ

What is Co Diagnostics's quote symbol?

(NASDAQ: CODX) Co Diagnostics trades on the NASDAQ under the ticker symbol CODX. Co Diagnostics stock quotes can also be displayed as NASDAQ: CODX.

If you're new to stock investing, here's how to buy Co Diagnostics stock.

What is the 52 week high and low for Co Diagnostics (NASDAQ: CODX)?

(NASDAQ: CODX) Co Diagnostics's 52-week high was $46.50, and its 52-week low was $1.26. It is currently -92.75% from its 52-week high and 167.46% from its 52-week low.

How much is Co Diagnostics stock worth today?

(NASDAQ: CODX) Co Diagnostics currently has 3,602,465 outstanding shares. With Co Diagnostics stock trading at $3.37 per share, the total value of Co Diagnostics stock (market capitalization) is $12.14M.

Co Diagnostics stock was originally listed at a price of $174.30 in Jul 12, 2017. If you had invested in Co Diagnostics stock at $174.30, your return over the last 8 years would have been -98.07%, for an annualized return of -38.94% (not including any dividends or dividend reinvestments).

How much is Co Diagnostics's stock price per share?

(NASDAQ: CODX) Co Diagnostics stock price per share is $3.37 today (as of Jun 18, 2026).

What is Co Diagnostics's Market Cap?

(NASDAQ: CODX) Co Diagnostics's market cap is $12.14M, as of Jun 21, 2026.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Co Diagnostics's market cap is calculated by multiplying CODX's current stock price of $3.37 by CODX's total outstanding shares of 3,602,465.
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