Cardiol Therapeutics Inc. (CRDL)Healthcare | Drug Manufacturers - Specialty & Generic | Oakville, Canada | NasdaqCM
1.51 USD
+0.10
(7.092%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 1.49 -0.02 (-0.019%) ⇩ (April 17, 2026, 7:43 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 11:34 p.m. EDT
This is a binary event-driven stock with no dividend safety, negative earnings, and poor forecasting model confidence (high H-stat), making it a bad buy-and-hold; however, the options market is aggressively one-sidedly bullish on a specific upside target, suggesting retail/speculative capital is positioning for a price spike before the June 2026 milestones, yet the lack of short coverable put buying makes this a high-risk momentum play rather than a solid fundamental entry. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.079456 |
| AutoETS | 0.079545 |
| MSTL | 0.080269 |
| AutoARIMA | 0.081872 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 20% |
| H-stat | 39.91 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 0.78 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 0.702 |
| Market Cap | 168,636,928 |
| Forward P/E | -8.79 |
| Beta | 0.43 |
| Website | https://www.cardiolrx.com |
As of April 18, 2026, 11:34 p.m. EDT: Call volume is heavily skewed towards 2.5 strikes (near ATM) across expirations through Q3, with OTM OI at 100% of total volume in most legs. This indicates pure directional bullish speculation anchored to a ~65.6% perceived upside target. Notably, there is virtually zero call volume in the calls data provided, but high Open Interest (OI) suggests existing long exposure. Put volume is negligible (0-1 contracts) with zero OTM positioning and 0% OTM OI in the provided summary, indicating almost no hedging or bearish positioning relative to the calls. The stark lack of put activity compared to call positioning creates a highly one-sided gamma exposure where market makers will be encouraged to buy shares on dips and sell on rallies, fueling momentum if earnings or clinical data moves directionally.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.55670106 |
| Address1 | 2,265 Upper Middle Road East |
| Address2 | Suite 602 |
| All Time High | 10.0 |
| All Time Low | 0.45 |
| Ask | 1.53 |
| Ask Size | 7 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.4 - Strong Buy |
| Average Daily Volume10 Day | 634,310 |
| Average Daily Volume3 Month | 596,993 |
| Average Volume | 596,993 |
| Average Volume10Days | 634,310 |
| Beta | 0.43 |
| Bid | 1.48 |
| Bid Size | 7 |
| Board Risk | 2 |
| Book Value | 0.12991153 |
| City | Oakville |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 10 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.51 |
| Current Ratio | 4.156 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 1.5155 |
| Day Low | 1.39 |
| Debt To Equity | 0.702 |
| Display Name | Cardiol Therapeutics |
| Earnings Timestamp | 1,775,046,600 |
| Earnings Timestamp End | 1,778,761,800 |
| Earnings Timestamp Start | 1,778,761,800 |
| Ebitda | -34,278,296 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -4.307 |
| Enterprise Value | 147,635,680 |
| Eps Current Year | -0.37667 |
| Eps Forward | -0.17173651 |
| Eps Trailing Twelve Months | -0.28 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 905 481 2394 |
| Fifty Day Average | 1.12822 |
| Fifty Day Average Change | 0.38178003 |
| Fifty Day Average Change Percent | 0.33839148 |
| Fifty Two Week Change Percent | 55.670105 |
| Fifty Two Week High | 1.59 |
| Fifty Two Week High Change | -0.08000004 |
| Fifty Two Week High Change Percent | -0.05031449 |
| Fifty Two Week Low | 0.88 |
| Fifty Two Week Low Change | 0.63 |
| Fifty Two Week Low Change Percent | 0.71590906 |
| Fifty Two Week Range | 0.88 - 1.59 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 1,547,562,600,000 |
| Float Shares | 96,488,554 |
| Forward Eps | -0.17173651 |
| Forward P E | -8.79254 |
| Free Cashflow | -13,026,343 |
| Full Exchange Name | NasdaqCM |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02431 |
| Held Percent Institutions | 0.23216999 |
| Implied Shares Outstanding | 111,680,087 |
| Industry | Drug Manufacturers - Specialty & Generic |
| Industry Disp | Drug Manufacturers - Specialty & Generic |
| Industry Key | drug-manufacturers-specialty-generic |
| Ipo Expected Date | 2,021-08-10 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Cardiol Therapeutics Inc., a clinical-stage life sciences company, focuses on the developing of anti-fibrotic and anti-inflammatory therapies for the treatment of heart diseases. Its lead product candidate is CardiolRx, which is in Phase III 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. |
| Long Name | Cardiol Therapeutics Inc. |
| Market | us_market |
| Market Cap | 168,636,928 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_424954803 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -33,818,872 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 167,907,744 |
| Number Of Analyst Opinions | 4 |
| Open | 1.43 |
| Operating Cashflow | -23,854,650 |
| Operating Margins | 0.0 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Phone | 289 910 0850 |
| Post Market Change | -0.019299984 |
| Post Market Change Percent | -1.2781446 |
| Post Market Price | 1.4907 |
| Post Market Time | 1,776,469,406 |
| Previous Close | 1.41 |
| Price Eps Current Year | -4.008814 |
| Price Hint | 4 |
| Price To Book | 11.623295 |
| Profit Margins | 0.0 |
| Quick Ratio | 3.827 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.4 |
| Region | US |
| Regular Market Change | 0.1 |
| Regular Market Change Percent | 7.0922 |
| Regular Market Day High | 1.5155 |
| Regular Market Day Low | 1.39 |
| Regular Market Day Range | 1.39 - 1.5155 |
| Regular Market Open | 1.43 |
| Regular Market Previous Close | 1.41 |
| Regular Market Price | 1.51 |
| Regular Market Time | 1,776,456,001 |
| Regular Market Volume | 1,341,450 |
| Return On Assets | -0.77312 |
| Return On Equity | -1.5875101 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 111,680,087 |
| Shares Percent Shares Out | 0.0177 |
| Shares Short | 1,981,485 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 2,245,658 |
| Short Name | Cardiol Therapeutics Inc. |
| Short Percent Of Float | 0.0182 |
| Short Ratio | 2.29 |
| Source Interval | 15 |
| State | ON |
| Symbol | CRDL |
| Target High Price | 9.143476 |
| Target Low Price | 4.9718194 |
| Target Mean Price | 7.4376516 |
| Target Median Price | 7.8176565 |
| Total Cash | 21,416,684 |
| Total Cash Per Share | 0.191 |
| Total Debt | 125,523 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.28 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.113555 |
| Two Hundred Day Average Change | 0.39644504 |
| Two Hundred Day Average Change Percent | 0.3560175 |
| Type Disp | Equity |
| Volume | 1,341,450 |
| Website | https://www.cardiolrx.com |
| Zip | L6H 0G5 |