Cardiol Therapeutics Inc (NASDAQ:CRDL)’s traded shares stood at 0.42 million during the last session, with the company’s beta value hitting 0.89.The CRDL share’s 52-week high remains $3.12, putting it -116.67% down since that peak but still an impressive 45.14% since price per share fell to its 52-week low of $0.79. The company has a valuation of $117.50M, with an average of 0.42 million shares in intraday trading volume over the past 10 days and average of 502.40K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Cardiol Therapeutics Inc (CRDL), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give CRDL a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
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Cardiol Therapeutics Inc (NASDAQ:CRDL) trade information
The 5-day price performance for the stock is -11.11%, and -25.39% over 30 days. With these gigs, the year-to-date price performance is 70.78%. Short interest in Cardiol Therapeutics Inc (NASDAQ:CRDL) saw shorts transact 0.81 million shares and set a 1.37 days time to cover.
The extremes give us $8 and $8 for target low and target high price respectively. As such, CRDL has been trading -455.56% off suggested target high and -455.56% from its likely low.
Cardiol Therapeutics Inc (CRDL) estimates and forecasts
Looking at statistics comparing Cardiol Therapeutics Inc share performance against respective industry, we note that the company has underperformed competitors. Cardiol Therapeutics Inc (CRDL) shares are -40.25% down over the last 6 months, with its year-to-date growth rate lower than industry average at 0.00% against 16.60%.
CRDL Dividends
Cardiol Therapeutics Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Cardiol Therapeutics Inc (NASDAQ:CRDL)’s Major holders
Cardiol Therapeutics Inc insiders hold 3.91% of total outstanding shares, with institutional holders owning 9.51% of the shares at 9.89% float percentage. In total, 9.51% institutions holds shares in the company, led by TEJARA CAPITAL LTD. As of 2024-06-30, the company held over 1.72 million shares (or 2.5606% of shares), all amounting to roughly $3.48 million.
The next major institution holding the largest number of shares is ADVISORSHARES INVESTMENTS LLC with 1.47 million shares, or about 2.1811% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.93 million.
