Cardiol Therapeutics (OTCMKTS:CRTPF) Stock Price Up 5.3% – Time to Buy?

Shares of Cardiol Therapeutics Inc. (OTCMKTS:CRTPFGet Free Report) rose 5.3% during mid-day trading on Wednesday . The stock traded as high as $1.41 and last traded at $1.40. Approximately 151,027 shares were traded during mid-day trading, an increase of 125% from the average daily volume of 67,097 shares. The stock had previously closed at $1.33.

Cardiol Therapeutics Price Performance

The firm’s fifty day moving average price is $1.36 and its 200-day moving average price is $1.76.

About Cardiol Therapeutics

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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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