Cardiol Therapeutics (OTCMKTS:CRTPF) Stock Price Up 6.3% – Time to Buy?

Cardiol Therapeutics Inc. (OTCMKTS:CRTPFGet Free Report) shares traded up 6.3% during trading on Thursday . The company traded as high as $1.19 and last traded at $1.18. 243,487 shares were traded during mid-day trading, an increase of 263% from the average session volume of 67,097 shares. The stock had previously closed at $1.11.

Cardiol Therapeutics Stock Performance

The company has a 50-day moving average of $1.30 and a 200-day moving average of $1.67.

Cardiol Therapeutics Company Profile

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Cardiol Therapeutics Inc is a clinical-stage biotechnology company that focuses on the research and clinical development of anti-inflammatory therapies for the treatment of cardiovascular disease (CVD). Its product, CardiolRx, is a pharmaceutically produced extra strength oral cannabidiol formulation that is entering a Phase II/III outcomes study in hospitalized patients testing positive for the COVID-19 virus.

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