Cardiol Therapeutics Inc (NASDAQ: CRDL) is -5.47% lower on its value in year-to-date trading and has touched a low of $0.96 and a high of $3.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRDL stock was last observed hovering at around $1.21 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.21, the stock is -6.89% and -19.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 0.00% at the moment leaves the stock -37.14% off its SMA200. CRDL registered 18.63% gain for a year compared to 6-month loss of -39.50%. The firm has a 50-day simple moving average (SMA 50) of $1.5016 and a 200-day simple moving average (SMA200) of $1.925.
The stock witnessed a -9.02% gain in the last 1 month and extending the period to 3 months gives it a -36.32%, and is -5.47% 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 4.76% over the week and 7.56% over the month.
Cardiol Therapeutics Inc (CRDL) has around 22 employees, a market worth around $98.74M and $0.00M in sales. Distance from 52-week low is 26.11% and -61.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-339.64%).
The EPS is expected to shrink by -19.02% this year.
Cardiol Therapeutics Inc (CRDL) Top Institutional Holders
50.0 institutions hold shares in Cardiol Therapeutics Inc (CRDL), with institutional investors hold 9.89% of the company’s shares. The shares outstanding are 81.60M, and float is at 77.72M with Short Float at 1.05%. Institutions hold 9.51% 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
#####
