Cardiol Therapeutics Inc. (TSE:CRDL - Get Free Report)'s share price shot up 6.7% during trading on Tuesday . The company traded as high as C$1.63 and last traded at C$1.59. 167,300 shares traded hands during mid-day trading, an increase of 121% from the average session volume of 75,656 shares. The stock had previously closed at C$1.49.
Cardiol Therapeutics Stock Performance
The company has a debt-to-equity ratio of 1.59, a current ratio of 2.49 and a quick ratio of 6.84. The company has a fifty day moving average price of C$1.48 and a 200 day moving average price of C$1.89. The stock has a market cap of C$129.45 million, a P/E ratio of -3.07 and a beta of 0.70.
About Cardiol Therapeutics
(
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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 candidate is 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.
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