| Indicators | Browse All

Co-Diagnostics, Inc. (CODX)

Healthcare | Medical Devices | Salt Lake City, United States | NasdaqCM
1.07 USD -0.19 (-14.800%) ⇩ (Oct. 13, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 4:17 a.m. EDT

The immediate outlook is severely compromised by a massive statistical forecast predicting a nearly 18% drop over the next 45 days, driven by a low-confidence model that nonetheless flags significant downside risk. This technical warning is compounded by a catastrophic long-term trajectory: the stock has lost over 93% of its value over the last eight years, with the most recent annual period seeing a staggering 70% decline. While the price has recently rallied, this appears to be a speculative bounce rather than a recovery, occurring against a backdrop of negative earnings, negative free cash flow, and a reverse stock split that often signals distress. With no dividend history to provide income and a balance sheet showing negative returns on equity and assets, the investment case is fundamentally broken.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.467438
AutoTheta0.523345
MSTL0.551117
AutoARIMA0.647649

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 30%
H-stat 23.88
Ljung-Box p 0.000
Jarque-Bera p 0.369
Excess Kurtosis -0.90
Attribute Value
Sector Healthcare
Debt to Equity Ratio 14.153
Revenue per Share 0.297
Market Cap 7,435,105
Forward P/E -1.28
Beta 2.90
Website https://co-dx.com

Info Dump

Attribute Value
52 Week Change -0.88799286
Address1 2,401 S. Foothill Drive
Address2 Suite D
All Time High 929.7
All Time Low 0.906
Ask 16.0
Ask Size 1
Audit Risk 8
Average Daily Volume10 Day 352,480
Average Daily Volume3 Month 335,601
Average Volume 335,601
Average Volume10Days 352,480
Beta 2.904
Bid 1.06
Bid Size 1
Board Risk 10
Book Value 2.606
City Salt Lake City
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.065
Current Ratio 1.813
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 1.25
Day Low 1.0601
Debt To Equity 14.153
Display Name Co-Diagnostics
Dividend Yield 0.0
Earnings Call Timestamp End 1,786,653,000
Earnings Call Timestamp Start 1,786,653,000
Earnings Timestamp 1,786,651,200
Earnings Timestamp End 1,794,859,200
Earnings Timestamp Start 1,794,859,200
Ebitda -29,090,594
Ebitda Margins 0.0
Enterprise To Ebitda -0.165
Enterprise To Revenue 6.665
Enterprise Value 4,808,235
Eps Forward -0.83
Eps Trailing Twelve Months -26.14
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.20294
Fifty Day Average Change -0.13793993
Fifty Day Average Change Percent -0.114669
Fifty Two Week Change Percent -88.799286
Fifty Two Week High 46.5
Fifty Two Week High Change -45.435
Fifty Two Week High Change Percent -0.9770968
Fifty Two Week Low 0.906
Fifty Two Week Low Change 0.15900004
Fifty Two Week Low Change Percent 0.17549673
Fifty Two Week Range 0.906 - 46.5
Financial Currency USD
First Trade Date Milliseconds 1,499,866,200,000
Float Shares 6,134,838
Forward Eps -0.83
Forward P E -1.2831327
Free Cashflow -17,492,616
Full Exchange Name NasdaqCM
Full Time Employees 115
Fullday Change -0.0050001144
Fullday Change Percent -0.46949428
Fullday Price 1.06
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.43477002
Gross Profits 313,634
Has Pre Post Market Data 1
Held Percent Insiders 0.02073
Held Percent Institutions 0.105349995
Implied Shares Outstanding 6,981,319
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Ipo Expected Date 2,026-03-11
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,767,312,000
Last Split Factor 1:30
Long Business 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.
Long Name Co-Diagnostics, Inc.
Market us_market
Market Cap 7,435,105
Market State PRE
Max Age 86,400
Message Board Id finmb_60358987
Most Recent Quarter 1,782,777,600
Net Income To Common -47,056,372
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 7,609,637
Number Of Analyst Opinions 1
Open 1.24
Operating Cashflow -27,103,204
Operating Margins -37.32466
Overall Risk 7
Payout Ratio 0.0
Phone 801 438 1036
Pre Market Change -0.0050001144
Pre Market Change Percent -0.46949428
Pre Market Price 1.06
Pre Market Time 1,791,964,804
Previous Close 1.25
Price Hint 4
Price To Book 0.40867233
Price To Sales Trailing12 Months 10.306694
Profit Margins 0.0
Quick Ratio 1.293
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.185
Regular Market Change Percent -14.8
Regular Market Day High 1.25
Regular Market Day Low 1.0601
Regular Market Day Range 1.0601 - 1.25
Regular Market Open 1.24
Regular Market Previous Close 1.25
Regular Market Price 1.065
Regular Market Time 1,791,921,601
Regular Market Volume 481,708
Return On Assets -0.59634995
Return On Equity -1.74766
Revenue Growth 0.02
Revenue Per Share 0.297
Sand P52 Week Change 0.17502642
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 4
Shares Outstanding 6,981,319
Shares Percent Shares Out 0.06
Shares Short 418,934
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 214,608
Short Name Co-Diagnostics, Inc.
Short Percent Of Float 0.061
Short Ratio 1.73
Source Interval 15
State UT
Symbol CODX
Target High Price 4.0
Target Low Price 4.0
Target Mean Price 4.0
Target Median Price 4.0
Total Cash 3,649,632
Total Cash Per Share 0.584
Total Debt 1,799,148
Total Revenue 721,386
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -26.14
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.550085
Two Hundred Day Average Change -1.485085
Two Hundred Day Average Change Percent -0.5823668
Type Disp Equity
Volume 481,708
Website https://co-dx.com
Zip 84,109