Cardiol Therapeutics (OTCMKTS:CRTPF) Shares Down 3.1% – Should You Sell?

Cardiol Therapeutics Inc. (OTCMKTS:CRTPFGet Free Report)’s stock price dropped 3.1% during mid-day trading on Tuesday . The stock traded as low as $1.55 and last traded at $1.57. Approximately 335,697 shares traded hands during mid-day trading, an increase of 400% from the average daily volume of 67,097 shares. The stock had previously closed at $1.62.

Cardiol Therapeutics Stock Down 2.5 %

The firm has a 50 day moving average of $1.85 and a 200-day moving average of $2.05.

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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