Quarterly Snapshot: Quick and Current Ratios for Cardiol Therapeutics Inc (CRDL)

Abby Carey

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The closing price of Cardiol Therapeutics Inc (NASDAQ: CRDL) was $0.94 for the day, up 1.59% from the previous closing price of $0.93. In other words, the price has increased by $1.59 from its previous closing price. On the day, 0.87 million shares were traded. CRDL stock price reached its highest trading level at $0.968 during the session, while it also had its lowest trading level at $0.8814.

Ratios:

Our analysis of CRDL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.89 and its Current Ratio is at 3.89. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In the most recent recommendation for this company, H.C. Wainwright on June 02, 2025, initiated with a Buy rating and assigned the stock a target price of $9.

On January 28, 2025, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $7.

On June 26, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $10.ROTH MKM initiated its Buy rating on June 26, 2024, with a $10 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRDL now has a Market Capitalization of 94417776 and an Enterprise Value of 71087480.

Stock Price History:

The Beta on a monthly basis for CRDL is 1.14, which has changed by -0.35486114 over the last 52 weeks, in comparison to a change of 0.12415576 over the same period for the S&P500. Over the past 52 weeks, CRDL has reached a high of $1.59, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is -11.18%, while the 200-Day Moving Average is calculated to be -17.93%.

Shares Statistics:

CRDL traded an average of 720.13K shares per day over the past three months and 785130 shares per day over the past ten days. A total of 100.00M shares are outstanding, with a floating share count of 94.88M. Insiders hold about 5.11% of the company’s shares, while institutions hold 10.63% stake in the company. Shares short for CRDL as of 1763078400 were 1891917 with a Short Ratio of 2.63, compared to 1760486400 on 2036590. Therefore, it implies a Short% of Shares Outstanding of 1891917 and a Short% of Float of 1.95.

Earnings Estimates

The company has 2 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.1.

Analysts are recommending an EPS of between -$0.42 and -$0.44 for the fiscal current year, implying an average EPS of -$0.43. EPS for the following year is -$0.37, with 3.0 analysts recommending between -$0.26 and -$0.45.