Shares of Cardiol Therapeutics Inc. (TSE:CRDL - Get Free Report) were down 7.1% on Tuesday . The stock traded as low as C$1.52 and last traded at C$1.57. Approximately 241,437 shares changed hands during trading, an increase of 150% from the average daily volume of 96,549 shares. The stock had previously closed at C$1.69.
Cardiol Therapeutics Stock Performance
The company has a quick ratio of 6.84, a current ratio of 2.49 and a debt-to-equity ratio of 1.59. The firm's 50 day simple moving average is C$1.81 and its two-hundred day simple moving average is C$1.67. The stock has a market cap of C$134.43 million, a P/E ratio of -3.18 and a beta of 0.70.
About Cardiol Therapeutics
(
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Cardiol Therapeutics Inc NASDAQ: CRDL TSX: CRDL is a clinical-stage life sciences company focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. The Company's lead drug candidate, CardiolRxTM (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart disease.
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