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Co-Diagnostics Inc (CODX) seems to be a strong buy

Co-Diagnostics Inc (CODX) currently trades at $8.00 and has grown by 7.24% today. CODX said Monday that it achieved several milestones in 2019 by strengthening its strategic relationships and product pipeline which have set the company up for further growth in 2020.

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Based on this information, investorsQ rates this stock 5 out of 10. We give it this rating based on current information such as the company reported financial results for the year to December 2019, the Salt Lake City-based molecular diagnostics group noted that it had been the first US company to receive a CE-mark from the European Union (EU) for its Logix Smart coronavirus (COVID-19) test. The high forecast for Co-Diagnostics Inc is $20.00 and the low is $5.00. Notably, the company’s market cap is $221.16 million with a 52 week high of $21.75 and a 52 week low of $0.69.

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