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Co-Diagnostics NasdaqCM:CODX Stock Report

Last Price

US$1.01

Market Cap

US$33.8m

7D

-4.7%

1Y

-10.6%

Updated

22 Nov, 2024

Data

Company Financials +

Co-Diagnostics, Inc.

NasdaqCM:CODX Stock Report

Market Cap: US$33.8m

CODX Stock Overview

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. More details

CODX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Co-Diagnostics, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Co-Diagnostics
Historical stock prices
Current Share PriceUS$1.01
52 Week HighUS$2.23
52 Week LowUS$1.00
Beta-0.85
11 Month Change-18.55%
3 Month Change-42.29%
1 Year Change-10.62%
33 Year Change-89.44%
5 Year Change13.47%
Change since IPO-82.62%

Recent News & Updates

Recent updates

Here's Why We're Watching Co-Diagnostics' (NASDAQ:CODX) Cash Burn Situation

Jun 14
Here's Why We're Watching Co-Diagnostics' (NASDAQ:CODX) Cash Burn Situation

One Co-Diagnostics, Inc. (NASDAQ:CODX) Analyst Just Slashed Their Estimates By A Consequential 14%

May 18
One Co-Diagnostics, Inc. (NASDAQ:CODX) Analyst Just Slashed Their Estimates By A Consequential 14%

A Look At The Intrinsic Value Of Co-Diagnostics, Inc. (NASDAQ:CODX)

Apr 14
A Look At The Intrinsic Value Of Co-Diagnostics, Inc. (NASDAQ:CODX)

Co-Diagnostics: Hold Thesis Remains Well Intact

Sep 07

Co-Diagnostics stock sinks ~37% after hours on Q2 results miss, hurt by lower volumes

Aug 11

Co-Diagnostics spikes on shipments of monkeypox test

Jul 11

Estimating The Intrinsic Value Of Co-Diagnostics, Inc. (NASDAQ:CODX)

Jul 06
Estimating The Intrinsic Value Of Co-Diagnostics, Inc. (NASDAQ:CODX)

Co-Diagnostics: Well Priced, Long-Term Value Remains Too Distant

Jun 21

Co-Diagnostics: Where's Eikon?

Apr 03

Co-Diagnostics, Inc. (NASDAQ:CODX) Shares Could Be 29% Below Their Intrinsic Value Estimate

Mar 28
Co-Diagnostics, Inc. (NASDAQ:CODX) Shares Could Be 29% Below Their Intrinsic Value Estimate

Co-Diagnostics: Swinging For The Fences

Jan 24

Does Co-Diagnostics (NASDAQ:CODX) Deserve A Spot On Your Watchlist?

Dec 28
Does Co-Diagnostics (NASDAQ:CODX) Deserve A Spot On Your Watchlist?

Why Co-Diagnostics Is A Solid Covid-19 Play

Aug 19

Co-Diagnostics, Inc.'s (NASDAQ:CODX) Share Price Boosted 42% But Its Business Prospects Need A Lift Too

Aug 14
Co-Diagnostics, Inc.'s (NASDAQ:CODX) Share Price Boosted 42% But Its Business Prospects Need A Lift Too

Shareholder Returns

CODXUS Medical EquipmentUS Market
7D-4.7%1.5%2.2%
1Y-10.6%20.9%31.7%

Return vs Industry: CODX underperformed the US Medical Equipment industry which returned 21.4% over the past year.

Return vs Market: CODX underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is CODX's price volatile compared to industry and market?
CODX volatility
CODX Average Weekly Movement8.5%
Medical Equipment Industry Average Movement8.1%
Market Average Movement6.3%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: CODX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CODX's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013155Dwight Eganwww.codiagnostics.com

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.

Co-Diagnostics, Inc. Fundamentals Summary

How do Co-Diagnostics's earnings and revenue compare to its market cap?
CODX fundamental statistics
Market capUS$33.85m
Earnings (TTM)-US$41.28m
Revenue (TTM)US$7.32m

4.4x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CODX income statement (TTM)
RevenueUS$7.32m
Cost of RevenueUS$3.71m
Gross ProfitUS$3.61m
Other ExpensesUS$44.89m
Earnings-US$41.28m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.29
Gross Margin49.30%
Net Profit Margin-563.91%
Debt/Equity Ratio0%

How did CODX perform over the long term?

See historical performance and comparison