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Spectral Medical (OTCMKTS:EDTXF) Trading Up 9.1% - Still a Buy?

Spectral Medical logo with Medical background

Shares of Spectral Medical Inc. (OTCMKTS:EDTXF - Get Free Report) were up 9.1% during trading on Friday . The company traded as high as $0.38 and last traded at $0.38. Approximately 2,562 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 17,406 shares. The stock had previously closed at $0.35.

Spectral Medical Stock Performance

The business's 50-day moving average is $0.38 and its two-hundred day moving average is $0.41. The firm has a market capitalization of $107.20 million, a price-to-earnings ratio of -5.41 and a beta of 0.87.

About Spectral Medical

(Get Free Report)

Spectral Medical Inc focuses on the development and commercialization of products for the treatment of septic shock in the United States, Italy, Ireland, and internationally. The company markets Endotoxin Activity Assay, a rapid in vitro diagnostic test for the detection of components of gram negative bacterial cell wall; and Polymyxin B Hemoperfusion, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream.

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