Cardiol Therapeutics (OTCMKTS:CRTPF) Trading Down 2.3% – Here’s Why

Cardiol Therapeutics Inc. (OTCMKTS:CRTPFGet Free Report)’s stock price dropped 2.3% on Wednesday . The company traded as low as $1.22 and last traded at $1.25. Approximately 707,885 shares changed hands during trading, an increase of 955% from the average daily volume of 67,097 shares. The stock had previously closed at $1.28.

Cardiol Therapeutics Price Performance

The business’s fifty day moving average is $1.68 and its two-hundred day moving average is $1.94.

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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