Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Cardiol Therapeutics Inc (NASDAQ: CRDL) was $1.49 for the day, up 0.68% from the previous closing price of $1.48. In other words, the price has increased by $0.68 from its previous closing price. On the day, 0.6 million shares were traded. CRDL stock price reached its highest trading level at $1.55 during the session, while it also had its lowest trading level at $1.455.
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 3.26 and its Current Ratio is at 3.26. 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 addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 123550208 and an Enterprise Value of 100006048.
Stock Price History:
The Beta on a monthly basis for CRDL is 1.05, which has changed by -0.25870645 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, CRDL has reached a high of $2.63, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is 10.78%, while the 200-Day Moving Average is calculated to be 10.89%.
Shares Statistics:
CRDL traded an average of 250.01K shares per day over the past three months and 499440 shares per day over the past ten days. A total of 82.61M shares are outstanding, with a floating share count of 78.70M. Insiders hold about 4.78% of the company’s shares, while institutions hold 9.51% stake in the company. Shares short for CRDL as of 1752537600 were 1723937 with a Short Ratio of 6.90, compared to 1749772800 on 1908964. Therefore, it implies a Short% of Shares Outstanding of 1723937 and a Short% of Float of 2.16.
