Cardiol Therapeutics Inc (NASDAQ: CRDL) is -21.09% lower on its value in year-to-date trading and has touched a low of $0.77 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 $1.01 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.01, the stock is 4.47% and -8.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.12 million and changing 0.00% at the moment leaves the stock -37.74% off its SMA200. CRDL registered -41.28% loss for a year compared to 6-month loss of -47.12%. The firm has a 50-day simple moving average (SMA 50) of $1.10246 and a 200-day simple moving average (SMA200) of $1.62229.
The stock witnessed a -14.41% gain in the last 1 month and extending the period to 3 months gives it a -16.53%, and is 12.72% up 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 9.59% over the week and 10.49% over the month.
Cardiol Therapeutics Inc (CRDL) has around 22 employees, a market worth around $83.44M and $0.00M in sales. Distance from 52-week low is 31.02% and -67.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-155.10%).
The EPS is expected to shrink by -11.87% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
50.0 institutions hold shares in Cardiol Therapeutics Inc (CRDL), with institutional investors hold 10.64% of the company’s shares. The shares outstanding are 82.61M, and float is at 78.68M with Short Float at 2.24%. Institutions hold 10.21% 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 2.505 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 2.1337 of the shares outstanding. The other top investors are MMCAP INTERNATIONAL INC. SPC which holds 0.92 million shares representing 1.3442 and valued at over $1.87 million, while LION STREET ADVISORS, LLC holds 0.3684 of the shares totaling 0.25 million with a market value of $0.51 million.
