Co-Diagnostics Inc Registered Shs CODX

Morningstar Rating
$1.25 +0.02 (1.63%)
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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 21% premium.
Price
$1.23
Fair Value
$4.27
Uncertainty
Extreme
1-Star Price
$37.78
5-Star Price
$3.85
Economic Moat
Gcktk
Capital Allocation

News

Trading Information

Previous Close Price
$1.23
Day Range
$1.151.29
52-Week Range
$0.982.23
Bid/Ask
$1.15 / $1.29
Market Cap
$39.89 Mil
Volume/Avg
64,918 / 245,908

Key Statistics

Price/Earnings (Normalized)
Price/Sales
4.06
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
0.82%

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

Comparables

Valuation

Metric
CODX
GRAL
VCYT
Price/Earnings (Normalized)
76.43
Price/Book Value
0.550.162.31
Price/Sales
4.063.896.37
Price/Cash Flow
37.72
Price/Earnings
CODX
GRAL
VCYT

Financial Strength

Metric
CODX
GRAL
VCYT
Quick Ratio
8.5611.093.96
Current Ratio
9.0911.554.44
Interest Coverage
−13,015.40
Quick Ratio
CODX
GRAL
VCYT

Profitability

Metric
CODX
GRAL
VCYT
Return on Assets (Normalized)
−32.00%−11.72%9.55%
Return on Equity (Normalized)
−35.24%−13.53%10.25%
Return on Invested Capital (Normalized)
−35.39%−13.47%9.19%
Return on Assets
CODX
GRAL
VCYT

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