For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $1.06 in the prior trading day, Cardiol Therapeutics Inc (NASDAQ: CRDL) closed at $1.00, down -6.06%. In other words, the price has decreased by -$6.06 from its previous closing price. On the day, 0.51 million shares were traded. CRDL stock price reached its highest trading level at $1.0734 during the session, while it also had its lowest trading level at $0.98.
Ratios:
Our goal is to gain a better understanding of CRDL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.49 and its Current Ratio is at 2.49. In the meantime, Its Debt-to-Equity ratio is 0.02 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, Rodman & Renshaw on January 28, 2025, initiated with a Buy rating and assigned the stock a target price of $7.
On June 26, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $10.
On April 22, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $9.H.C. Wainwright initiated its Buy rating on April 22, 2024, with a $9 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 86633904 and an Enterprise Value of 65541652.
Stock Price History:
The Beta on a monthly basis for CRDL is 0.87, which has changed by -0.41111112 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, CRDL has reached a high of $3.12, while it has fallen to a 52-week low of $1.02. The 50-Day Moving Average of the stock is -18.72%, while the 200-Day Moving Average is calculated to be -42.36%.
Shares Statistics:
The stock has traded on average 256.92K shares per day over the past 3-months and 196940 shares per day over the last 10 days, according to various share statistics. A total of 81.60M shares are outstanding, with a floating share count of 77.72M. Insiders hold about 4.76% of the company’s shares, while institutions hold 9.72% stake in the company. Shares short for CRDL as of 1741910400 were 1763320 with a Short Ratio of 7.28, compared to 1739491200 on 1475679. Therefore, it implies a Short% of Shares Outstanding of 1763320 and a Short% of Float of 2.2399999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
