Free Trial
NASDAQ:CODX

Co-Diagnostics (CODX) Stock Price, News & Analysis

$1.28
+0.03 (+2.25%)
(As of 09:52 AM ET)
Today's Range
$1.23
$1.28
50-Day Range
$1.01
$1.69
52-Week Range
$0.98
$1.89
Volume
3,914 shs
Average Volume
94,220 shs
Market Capitalization
$39.98 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.00

Co-Diagnostics MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
60.0% Upside
$2.00 Price Target
Short Interest
Healthy
1.13% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.10
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.33) to ($1.15) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.58 out of 5 stars

Medical Sector

233rd out of 879 stocks

Surgical & Medical Instruments Industry

30th out of 95 stocks

CODX stock logo

About Co-Diagnostics Stock (NASDAQ:CODX)

Co-Diagnostics, Inc., a molecular diagnostics company, develops, manufactures, and sells reagents used for diagnostic tests that function through the detection and/or analysis of nucleic acid molecules in the United States and internationally. The company offers Co-Dx PCR platform, a polymerase chain reaction (PCR) testing to patients in point-of-care and at-home setting. It also provides PCR diagnostic tests for COVID-19, influenza, tuberculosis, hepatitis B and C, human papillomavirus, malaria, chikungunya, dengue, and the zika virus. In addition, the company offers three multiplexed tests to test mosquitos for the identification of diseases carried by the mosquitos; molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications; tests that identify genetic traits in plant and animal genomes; and portable diagnostic device designed to bring PCR to patients in point-of-care and at-home settings. The company was incorporated in 2013 and is headquartered in Salt Lake City, Utah.

CODX Stock Price History

CODX Stock News Headlines

New Government Policy to Wipe Out Seniors Wealth
Don't wait until it's too late. The digital dollar is nearing the end of its trial period, and the window of opportunity to protect your interests is closing fast.
New Government Policy to Wipe Out Seniors Wealth
Don't wait until it's too late. The digital dollar is nearing the end of its trial period, and the window of opportunity to protect your interests is closing fast.
Co-Diagnostics Inc Registered Shs
See More Headlines
Receive CODX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Co-Diagnostics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/09/2024
Today
7/08/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:CODX
Fax
N/A
Employees
155
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.00
High Stock Price Target
$2.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+60.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-35,330,000.00
Net Margins
-582.36%
Pretax Margin
-589.77%

Debt

Sales & Book Value

Annual Sales
$6.81 million
Book Value
$2.81 per share

Miscellaneous

Free Float
30,527,000
Market Cap
$39.10 million
Optionable
Optionable
Beta
-0.82
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

  • Mr. Dwight H. Egan (Age 71)
    Chairman & CEO
    Comp: $415.75k
  • Mr. Brian L. Brown CPA (Age 48)
    CFO & Company Secretary
    Comp: $338.92k
  • Mr. Richard David Abbott (Age 52)
    President
  • Dr. Brent C. Satterfield Ph.D. (Age 47)
    Co-Founder & Member of Scientific Advisory Board
    Comp: $237.5k
  • Mr. David Nielsen
    Chief Operating Officer
  • Mr. Dan Bohrer CPA
    Vice President of Finance & Accounting
  • Mr. Christopher Thurston
    Chief Technology Officer
  • Dr. Mark Poritz Ph.D.
    Chief Scientific Officer
  • Mr. Andrew Benson
    Head of Investor Relations
  • Dr. Mayuranki Almaula
    Senior Vice President of Overseas Operations & Strategic Alliances

CODX Stock Analysis - Frequently Asked Questions

How have CODX shares performed this year?

Co-Diagnostics' stock was trading at $1.33 at the start of the year. Since then, CODX stock has decreased by 6.0% and is now trading at $1.25.
View the best growth stocks for 2024 here
.

How were Co-Diagnostics' earnings last quarter?

Co-Diagnostics, Inc. (NASDAQ:CODX) announced its quarterly earnings results on Thursday, May, 9th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.21) by $0.10. The business had revenue of $0.47 million for the quarter, compared to analysts' expectations of $3.10 million. Co-Diagnostics had a negative net margin of 582.36% and a negative trailing twelve-month return on equity of 42.35%.

When did Co-Diagnostics IPO?

Co-Diagnostics (CODX) raised $9 million in an initial public offering on Thursday, July 13th 2017. The company issued 1,300,000 shares at $6.35-$6.75 per share. WallachBeth Capital and Network 1 Securities acted as the underwriters for the IPO.

How do I buy shares of Co-Diagnostics?

Shares of CODX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Co-Diagnostics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Co-Diagnostics investors own include Inovio Pharmaceuticals (INO), Novavax (NVAX), Moderna (MRNA), Vaxart (VXRT), Gilead Sciences (GILD), Sorrento Therapeutics (SRNE) and iBio (IBIO).

This page (NASDAQ:CODX) was last updated on 7/8/2024 by MarketBeat.com Staff

From Our Partners