Shares of Cardiol Therapeutics Inc. (TSE:CRDL – Get Free Report) traded up 1.6% on Tuesday . The company traded as high as C$3.10 and last traded at C$3.09. 75,371 shares changed hands during trading, a decline of 50% from the average session volume of 150,386 shares. The stock had previously closed at C$3.04.
Analysts Set New Price Targets
Separately, HC Wainwright reaffirmed a “buy” rating on shares of Cardiol Therapeutics in a research report on Monday, April 22nd.
Get Our Latest Analysis on CRDL
Cardiol Therapeutics Trading Up 2.0 %
Insider Activity at Cardiol Therapeutics
In other Cardiol Therapeutics news, Director David Elsley bought 50,000 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The shares were bought at an average price of C$2.77 per share, with a total value of C$138,490.00. 4.42% of the stock is owned by corporate insiders.
Cardiol Therapeutics Company Profile
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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