` CRDL (Cardiol Therapeutics Inc) vs S&P 500 Comparison - Alpha Spread

CRDL
vs
S&P 500

Over the past 12 months, CRDL has underperformed S&P 500, delivering a return of -10% compared to the S&P 500's +12% growth.

Stocks Performance
CRDL vs S&P 500

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Performance Gap
CRDL vs S&P 500

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CRDL
S&P 500
Difference
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Performance By Year
CRDL vs S&P 500

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Competitors Performance
Cardiol Therapeutics Inc vs Peers

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Cardiol Therapeutics Inc
Glance View

Market Cap
73.6m USD
Industry
Pharmaceuticals

Cardiol Therapeutics, Inc. is a clinical-stage life sciences company focused on developing anti-inflammatory therapies for cardiovascular disease (CVD). The company is headquartered in Oakville, Ontario and currently employs 11 full-time employees. The company went IPO on 2018-12-20. The firm's lead product, CardiolRx, is a pharmaceutically produced oral cannabidiol formulation that is in a Phase II/III study in hospitalized patients testing positive for COVID-19 with a prior history of, or risk factors for, cardiovascular disease. Cardiol has also received clearance from the Food and Drug Administration (FDA) for its investigational new drug (IND) application for a Phase II international trial that investigates the anti-inflammatory and anti- fibrotic properties of CardiolRx in patients with acute myocarditis, which is a common cause of sudden cardiac death in people under 35 years of age. In addition, Cardiol is developing a subcutaneous formulation of CardiolRx and other anti-inflammatory therapies for the treatment of chronic heart failure.

CRDL Intrinsic Value
1.04 USD
Overvaluation 2%
Intrinsic Value
Price
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