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.
Research context
Co-Diagnostics, Inc. Common Stock appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- Sector
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- Medical Devices
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5 years, 6 months ago
Co-Diagnostics, Inc is currently in a long term downtrend where the price is trading 28.8% below its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 3.5.
Co-Diagnostics, Inc's total revenue rose by 24903.4% to $27M since the same quarter in the previous year.
Its net income has increased by 974.7% to $15M since the same quarter in the previous year.
Finally, its free cash flow grew by 1282.3% to $19M since the same quarter in the previous year.
Based on the above factors, Co-Diagnostics, Inc gets an overall score of 4/5.