Positive News SentimentPositive NewsNASDAQ:CRDL Cardiol Therapeutics (CRDL) Stock Price, News & Analysis → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free CRDL Stock Alerts $2.21 +0.21 (+10.50%) (As of 05/9/2024 ET) Add Compare Share Share Today's Range$1.98▼$2.2250-Day Range$1.39▼$2.2152-Week Range$0.55▼$2.22Volume887,944 shsAverage Volume360,815 shsMarket Capitalization$150.90 millionP/E RatioN/ADividend YieldN/APrice Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Cardiol Therapeutics alerts: Email Address Cardiol Therapeutics MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside171.5% Upside$6.00 Price TargetShort InterestHealthy0.42% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.25) to ($0.27) Per ShareSee Full Details Hide Full Details 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.2.61 out of 5 starsMedical Sector704th out of 915 stocksBiological Products, Except Diagnostic Industry117th out of 154 stocks 3.5 Analyst's Opinion Consensus RatingCardiol Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCardiol Therapeutics has only been the subject of 1 research reports in the past 90 days.Read more about Cardiol Therapeutics' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.42% of the float of Cardiol Therapeutics has been sold short.Short Interest Ratio / Days to CoverCardiol Therapeutics has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cardiol Therapeutics has recently decreased by 15.74%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCardiol Therapeutics does not currently pay a dividend.Dividend GrowthCardiol Therapeutics does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CRDL. Previous Next 3.8 News and Social Media Coverage News SentimentCardiol Therapeutics has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for Cardiol Therapeutics this week, compared to 0 articles on an average week.Search InterestOnly 3 people have searched for CRDL on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat Follows7 people have added Cardiol Therapeutics to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cardiol Therapeutics insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.25% of the stock of Cardiol Therapeutics is held by insiders.Percentage Held by InstitutionsOnly 12.49% of the stock of Cardiol Therapeutics is held by institutions.Read more about Cardiol Therapeutics' insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Cardiol Therapeutics are expected to decrease in the coming year, from ($0.25) to ($0.27) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cardiol Therapeutics is -6.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cardiol Therapeutics is -6.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCardiol Therapeutics has a P/B Ratio of 6.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Cardiol Therapeutics' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! 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.Read More CRDL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRDL Stock News HeadlinesApril 2, 2024 | investorplace.comCRDL Stock Earnings: Cardiol Therapeutics Beats EPS for Q4 2023April 2, 2024 | proactiveinvestors.comCardiol Therapeutics surpasses enrollment goals, prepares for topline resultsMay 9, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 16, 2024 | theglobeandmail.comClosing Bell: Cardiol Therapeutics Inc Purchase WT down on Friday (CRDL-WT-A)February 22, 2024 | benzinga.comCardiol Therapeutics Stock (NASDAQ:CRDL), Short Interest ReportFebruary 21, 2024 | proactiveinvestors.comCardiol Therapeutics wraps up patient enrollment for Phase II open label studyFebruary 16, 2024 | proactiveinvestors.comCardiol CEO David Elsley unpacks FDA Orphan Drug Designation for CardiolFebruary 15, 2024 | proactiveinvestors.comCardiol Therapeutics receives orphan drug status for its lead drug...May 9, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.February 15, 2024 | theglobeandmail.comOrphan Drug Designation Sends Shares of this Dual-Listed Life Science Therapy Company SoaringFebruary 15, 2024 | msn.comCardiol stock rallies 28% on FDA orphan drug status for CardiolRxFebruary 15, 2024 | proactiveinvestors.comCardiol Therapeutics receives orphan drug status for its lead drug candidateJanuary 9, 2024 | morningstar.comCardiol Therapeutics Inc Class A CRDLJanuary 9, 2024 | finance.yahoo.comCardiol Therapeutics Announces it has Exceeded 50% Enrollment in its Phase II ARCHER Trial in Acute MyocarditisDecember 18, 2023 | theglobeandmail.comClosing Bell: Cardiol Therapeutics Inc Purchase WT down on Tuesday (CRDL-WT-A)November 16, 2023 | finance.yahoo.comCardiol Therapeutics Announces Study Results Presented at the 2023 Annual Meeting of the European Society of Cardiology Working Group on Myocardial and Pericardial DiseasesOctober 11, 2023 | finance.yahoo.comCardiol Therapeutics releases positive study results of subcutaneously administered cannabidiolOctober 10, 2023 | proactiveinvestors.comCardiol Therapeutics says study results show positive effects of subcutaneously administered cannabidiolOctober 10, 2023 | finance.yahoo.comCardiol Therapeutics Announces Positive Study Results Demonstrating Cardioprotective Effects of Subcutaneously Administered Cannabidiol in a Model of Heart Failure with Preserved Ejection FractionOctober 2, 2023 | benzinga.comCardiol Therapeutics 76% YTD Gain Is A Bullish Signal Ahead Of Expected Phase III Trial Announcements ($CRDL)September 27, 2023 | finance.yahoo.comHere's Why You May Invest in Cardiol Therapeutics (CRDL) StockSeptember 19, 2023 | finance.yahoo.comCardiol Therapeutics Announces All Collaborating Clinical Research Centers Now Initiated and Eligible to Enroll Patients in ARCHER, a Phase II Trial of CardiolRx(TM) for the Treatment of Acute MyocarditisAugust 26, 2023 | finance.yahoo.comIs Cardiol Therapeutics (TSE:CRDL) In A Good Position To Deliver On Growth Plans?August 9, 2023 | finance.yahoo.comCardiol Therapeutics to Present at Canaccord Genuity 43rd Annual Growth ConferenceAugust 4, 2023 | theglobeandmail.comClosing Bell: Cardiol Therapeutics Inc flat on Wednesday (CRDL)June 29, 2023 | finance.yahoo.comCardiol Therapeutics Reports Results of 2023 Annual General MeetingMay 23, 2023 | proactiveinvestors.comCardiol Therapeutics earns higher price target from broker as it ends 1Q with sufficient cash to advance CardiolRx candidateSee More Headlines Receive CRDL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cardiol Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/01/2024Today5/09/2024Next Earnings (Estimated)5/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:CRDL CUSIPN/A CIK1702123 Webwww.cardiolrx.com Phone(289) 910-0850FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$6.00 High Stock Price Target$9.00 Low Stock Price Target$3.00 Potential Upside/Downside+172.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.33) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-20,840,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-76.18% Return on Assets-62.52% Debt Debt-to-Equity Ratio0.01 Current Ratio4.36 Quick Ratio4.36 Sales & Book Value Annual Sales$60,000.00 Price / Sales2,503.60 Cash FlowN/A Price / Cash FlowN/A Book Value$0.32 per share Price / Book6.88Miscellaneous Outstanding Shares68,280,000Free Float64,699,000Market Cap$150.22 million OptionableNot Optionable Beta0.87 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. David G. Elsley MBAPresident, CEO & DirectorMr. Christopher J. Waddick C.A.C.M.A., CPA, CMA, MBA, CFO, Corporate Secretary & DirectorMr. Bernard Lim B.Sc.Chief Operating OfficerDr. Andrew Warwick Hamer M.D. (Age 62)Chief Medical Officer & Head of Research & Development Comp: $544.54kTrevor BurnsInvestor RelationsKey CompetitorsMolecular PartnersNASDAQ:MOLNVaxartNASDAQ:VXRTDBV TechnologiesNASDAQ:DBVTScilexNASDAQ:SCLXCardiff OncologyNASDAQ:CRDFView All CompetitorsInstitutional OwnershipAdvisorShares Investments LLCSold 15,810 shares on 2/14/2024Ownership: 1.821%AXS Investments LLCSold 75,884 shares on 2/9/2024Ownership: 1.068%View All Institutional Transactions CRDL Stock Analysis - Frequently Asked Questions Should I buy or sell Cardiol Therapeutics stock right now? 3 Wall Street research 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 research 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 Wall Street research analysts have issued 1-year price targets for Cardiol Therapeutics' shares. 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 171.5% 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 on January 1st, 2024. Since then, CRDL shares have increased by 162.1% and is now trading at $2.21. 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 Monday, May 20th 2024. View our CRDL earnings forecast. How were Cardiol Therapeutics' earnings last quarter? Cardiol Therapeutics Inc. (NASDAQ:CRDL) released its earnings results on Monday, April, 1st. The company reported ($0.09) earnings per share (EPS) for the quarter. Who are Cardiol Therapeutics' major shareholders? Cardiol Therapeutics' stock is owned by many different institutional and retail investors. Top institutional shareholders include 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. 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