Co-DiagnosticsCODX
About: Co-Diagnostics Inc is a molecular diagnostics company. It develops, licenses, and commercializes molecular technologies such as lab systems (MDx device) and manufacture and sell reagents used for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). CDI's low-cost system uses its tests to diagnose tuberculosis, Zika, hepatitis B and C, Malaria, dengue and HIV.The Company's technologies are utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests for its Co-Dx PCR platform and to locate genetic markers for use in applications other than infectious diseases.
Employees: 155
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
105% more call options, than puts
Call options by funds: $150K | Put options by funds: $73K
1.08% less ownership
Funds ownership: 14.91% [Q2] → 13.83% (-1.08%) [Q3]
6% less capital invested
Capital invested by funds: $5.83M [Q2] → $5.5M (-$326K) [Q3]
18% less funds holding
Funds holding: 44 [Q2] → 36 (-8) [Q3]
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
HC Wainwright & Co. Yi Chen 39% 1-year accuracy 60 / 154 met price target | 105%upside $1.50 | Neutral Reiterated | 11 Nov 2024 |