Why Co-Diagnostics, Inc.’s (CODX) Stock Is Down 53.25%
As of Tuesday, October 28, Co-Diagnostics, Inc.’s CODX share price has dipped by 53.25%, which has investors questioning if this is right time to buy.Tudor Pop
Stock Evaluator: Co-Diagnostics, Inc. (CODX)
Co-Diagnostics, Inc. CODX
$0.99
0.05
4.86%
September 18, 2026 2:14:57 PM
EST
Volume: 248,892
After Hours: $120.37
0.15
|
0.12%
November 10, 2021 7:59 PM
EST
Volume: 72,713
USD
NASD | DELAYED PRICE
| SECTOR | INDUSTRY |
| Health Care | Health Care Equipment & Supplies |
A+ Stock Grade Summary:
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COMPANY SUMMARY
Co-Diagnostics, Inc. operates as a molecular diagnostics company that 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. It offers Co-Dx PCR platform, a polymerase chain reaction testing to patients in point-of-care and at-home setting. The company also provides PCR diagnostic tests for COVID-19, influenza, tuberculosis, hepatitis B and C, malaria, dengue, human papillomavirus, chikungunya, and 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; 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. Co-Diagnostics, Inc. was incorporated in 2013 and is based in Salt Lake City, Utah.
Commentary & Analysis
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Financial Summary
| Share Statistics | CODX | Industry Median |
Percentile (All Stocks) |
|
| Market Cap (Mil) | $5.9 | $366.1 | 4% |
|
| Shares Out (Mil) | 4.3 | 40.8 | 13% |
|
| Institutional Ownership | 84.6% | 83.3% | 53% |
|
| Float (Mil) | 6.1 | 35.1 | 14% |
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| Beta | 2.86 | 0.87 | 97% |
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| Avg Daily Volume (000s) | 286 | 299 | 50% |
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| Price Change (52-week) |
(95.1%) | 63.3% | 3% |
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| Growth | CODX | Industry Median |
Percentile (All Stocks) |
|
| Sales (5yr) | (61.9%) | 11.8% | 0% |
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| Net Income (5yr) | (25.4%) | (5.7%) | 16% |
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| EPS (5yr) | (22.6%) | 10.2% | 12 |
|
| Dividends (5yr) | 0.0% | 0.0% | 0% |
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| Cash Flow (5yr) | (32.3%) | (15.5%) | 17% |
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| Estimates | Qtrly | Current Fiscal Year |
Next Fiscal Year |
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| # of Estimates | 1 | na | 1 | |
| Current EPS | ($1.250) | ($3.100) | ($0.830) | |
| Month Ago EPS | ($1.250) | na | ($0.830) | |
| # Rev Up | 0 | 0 | 0 | |
| # Rev Down | 1 | 1 | 1 | |
| Three Months Ago EPS | ($3.300) | ($13.500) | ($12.000) | |
| Year/Year Chg | (14.4%) | (91.2%) | (99.2%) | |
| Financials | CODX | Industry Median |
Percentile (All Stocks) |
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| Sales (TTM) (Mil) | $1 | $119 | 1% |
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| Net Income (TTM) (Mil) | ($47) | ($9) | 17% |
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| EPS (TTM) | ($19.358) | ($0.400) | 3% |
|
| Operating Cash Flow (TTM) (Mil) | ($27) | ($3) | 13% |
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| Net Cash Flow (TTM) (Mil) | ($8) | $1 | 32% |
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| Long-Term Debt (Q1) (Mil) | $1 | $23 | 17% |
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| Enterprise Value (Q1) (Mil) | $5 | $376 | 6% |
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| Valuation | CODX | Industry Median |
Percentile (All Stocks) |
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| P/B | 0.36 | 2.80 | 5% |
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| P/E | na | 25.7 | na |
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| Dividend Yield | 0.0% | 0.0% | 0% |
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| PEG (5yr hist) | na | 1.4 | na |
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| Ratios | CODX | Industry Median |
Percentile (All Stocks) |
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| Gross Margin | 43.5% | 58.5% | 54% |
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| Net Margin | na | (6.9%) | na |
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| ROA | (149.3%) | (12.3%) | 3% |
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| ROE | (174.8%) | (11.1%) | 5% |
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| Liabilities to Assets | 23.4% | 46.6% | 16% |
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| F-Score | 3 | 4 | 18% |
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Co-Diagnostics, Inc. did not pass any screens on 9/17/2026.
