NASDAQ:CRDL

Cardiol Therapeutics (CRDL) Stock Price, News & Analysis

$2.36
+0.04 (+1.72%)
(As of 05/16/2024 ET)
Today's Range
$2.33
$2.41
50-Day Range
$1.39
$2.32
52-Week Range
$0.56
$2.41
Volume
311,147 shs
Average Volume
361,250 shs
Market Capitalization
$161.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

Cardiol Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
154.2% Upside
$6.00 Price Target
Short Interest
Healthy
0.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of Cardiol Therapeutics in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.25) to ($0.27) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.36 out of 5 stars

Medical Sector

749th out of 929 stocks

Biological Products, Except Diagnostic Industry

126th out of 155 stocks

CRDL stock logo

About Cardiol Therapeutics Stock (NASDAQ:CRDL)

Cardiol Therapeutics Inc., a clinical-stage life sciences company, focuses on the research and development of anti-fibrotic and anti-inflammatory therapies for the treatment of heart diseases. Its lead product CardiolRx, which is in Phase II multi-national, randomized, double-blind, and placebo-controlled study to evaluate the efficacy and safety of CardiolRx in acute myocarditis, as well as for the treatment of recurrent pericarditis. The company is also developing CRD-38 injection for subcutaneous administration that is in preclinical development for the treatment of heart failure. It has a license agreement with Meros. The company was incorporated in 2017 and is headquartered in Oakville, Canada.

CRDL Stock Price History

CRDL Stock News Headlines

Cardiol Therapeutics Inc Class A CRDL
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Company Calendar

Last Earnings
5/14/2024
Today
5/16/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:CRDL
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$9.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+154.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-20,840,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$60,000.00
Book Value
$0.32 per share

Miscellaneous

Free Float
64,699,000
Market Cap
$161.14 million
Optionable
Not Optionable
Beta
0.87
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Key Executives

  • Mr. David G. Elsley MBA
    President, CEO & Director
  • Mr. Christopher J. Waddick C.A.
    C.M.A., CPA, CMA, MBA, CFO, Corporate Secretary & Director
  • Mr. Bernard Lim B.Sc.
    Chief Operating Officer
  • Dr. Andrew Warwick Hamer M.D. (Age 62)
    Chief Medical Officer & Head of Research & Development
    Comp: $544.54k
  • Trevor Burns
    Investor Relations

CRDL Stock Analysis - Frequently Asked Questions

Should I buy or sell Cardiol Therapeutics stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardiol Therapeutics in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CRDL shares.
View CRDL analyst ratings
or view top-rated stocks.

What is Cardiol Therapeutics' stock price target for 2024?

3 equities research analysts have issued 12-month price objectives for Cardiol Therapeutics' stock. Their CRDL share price targets range from $3.00 to $9.00. On average, they predict the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 154.2% from the stock's current price.
View analysts price targets for CRDL
or view top-rated stocks among Wall Street analysts.

How have CRDL shares performed in 2024?

Cardiol Therapeutics' stock was trading at $0.8432 at the beginning of 2024. Since then, CRDL stock has increased by 179.9% and is now trading at $2.36.
View the best growth stocks for 2024 here
.

When is Cardiol Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our CRDL earnings forecast
.

How were Cardiol Therapeutics' earnings last quarter?

Cardiol Therapeutics Inc. (NASDAQ:CRDL) released its earnings results on Tuesday, May, 14th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.04.

Who are Cardiol Therapeutics' major shareholders?

Cardiol Therapeutics' stock is owned by many different institutional and retail investors. Top institutional shareholders include MMCAP International Inc. SPC (3.76%) and Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Cardiol Therapeutics?

Shares of CRDL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CRDL) was last updated on 5/17/2024 by MarketBeat.com Staff

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