Cardiol Therapeutics Inc (NASDAQ: CRDL) is 130.08% higher on its value in year-to-date trading and has touched a low of $0.66 and a high of $3.12 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CRDL stock was last observed hovering at around $1.88 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $1.94, the stock is -2.23% and -4.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 3.19% at the moment leaves the stock 16.53% off its SMA200. CRDL registered 97.29% gain for a year compared to 6-month gain of -1.02%.
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The stock witnessed a -6.73% loss in the last 1 month and extending the period to 3 months gives it a -25.95%, and is -2.02% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.78% over the week and 5.83% over the month.
Distance from 52-week low is 193.49% and -37.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-191.10%).
The EPS is expected to shrink by -9.88% this year.
Cardiol Therapeutics Inc (CRDL) Top Institutional Holders
50.0 institutions hold shares in Cardiol Therapeutics Inc (CRDL), with institutional investors hold 11.86% of the company’s shares. The shares outstanding are 69.88M, and float is at 66.58M with Short Float at 1.13%. Institutions hold 11.31% of the Float.
The top institutional shareholder in the company is TEJARA CAPITAL LTD with over 1.72 million shares valued at $3.48 million. The investor’s holdings represent 2.5606% of the CRDL Shares outstanding. As of 2024-06-30, the second largest holder is ADVISORSHARES INVESTMENTS LLC with 1.47 million shares valued at $$2.93 million to account for 2.1811 of the shares outstanding. The other top investors are MMCAP INTERNATIONAL INC. SPC which holds 0.92 million shares representing 1.374% and valued at over $1.87 million, while LION STREET ADVISORS, LLC holds 0.3766 of the shares totaling 0.25 million with a market value of $0.51 million.
Cardiol Therapeutics Inc (CRDL) Insider Activity
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