Skip to Content

Co-Diagnostics Inc Registered Shs CODX

Morningstar Rating
$1.16 +0.02 (1.75%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CODX is trading at a 58% discount.
Price
$1.16
Fair Value
$5.24
Uncertainty
Extreme
1-Star Price
$48.94
5-Star Price
$7.14
Economic Moat
Hzkm
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if CODX is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$1.14
Day Range
$1.091.19
52-Week Range
$0.981.89
Bid/Ask
$1.15 / $1.27
Market Cap
$36.26 Mil
Volume/Avg
216,760 / 60,781

Key Statistics

Price/Earnings (Normalized)
Price/Sales
5.00
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
3.76%

Company Profile

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.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Value
Total Number of Employees
155

Valuation

Metric
CODX
Price/Earnings (Normalized)
Price/Book Value
0.42
Price/Sales
5.00
Price/Cash Flow
Price/Earnings
CODX

Financial Strength

Metric
CODX
Quick Ratio
10.24
Current Ratio
10.81
Interest Coverage
Quick Ratio
CODX

Profitability

Metric
CODX
Return on Assets (Normalized)
−24.87%
Return on Equity (Normalized)
−26.94%
Return on Invested Capital (Normalized)
−27.42%
Return on Assets
CODX
See how this stock stacks up to its competitors with Morningstar Investor

Medical Devices Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ABT
Abbott LaboratoriesBrgdvsdbmFxbmfc$182.7 Bil
SYK
Stryker CorpWsnphhmwNzvys$124.6 Bil
MDT
Medtronic PLCJvxtbssqRxrwj$105.2 Bil
BSX
Boston Scientific CorpFnpgxdbQygqrld$99.1 Bil
EW
Edwards Lifesciences CorpPncccpdsdQvvwm$52.0 Bil
DXCM
DexCom IncNgznwvzxdYqkbd$51.8 Bil
ZBH
Zimmer Biomet Holdings IncBmgvzjxzTvs$24.5 Bil
ALGN
Align Technology IncFlvdbwqmzDwnndw$22.7 Bil
PHG
Koninklijke Philips NV ADRRmthhcwkgZfsdj$18.3 Bil
PODD
Insulet CorpSnjcfxsyQghhsrf$11.6 Bil

Sponsor Center