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Why Is It Moving? Looking Into Why Co-Diagnostics Stock is Trading Lower Today

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Co-Diagnostics's Stock Price And Volume Action

Co-Diagnostics (NASDAQ:CODX) is currently down 17.33% to a price of $10.26. Friday the stock has been traded at a volume of 1.02 million, about 78.22% of its recent 30-day volume average of 1.30 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Co-Diagnostics shares are trading lower after the company reported worse-than-expected Q4 EPS results.

Further Analysis of Recent Price Action

The stock's 50-day moving average was $14.04 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $30.99 and fallen to a low of $6.81.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

 

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