Free Trial

Spectral Medical (TSE:EDT) Stock Price Passes Above 50 Day Moving Average - Here's What Happened

Spectral Medical logo with Medical background

Spectral Medical Inc. (TSE:EDT - Get Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.52 and traded as high as C$0.53. Spectral Medical shares last traded at C$0.49, with a volume of 59,507 shares changing hands.

Spectral Medical Trading Up 2.0 %

The business has a 50 day moving average of C$0.52 and a two-hundred day moving average of C$0.57. The company has a current ratio of 0.61, a quick ratio of 0.45 and a debt-to-equity ratio of 26.03. The firm has a market cap of C$140.63 million, a P/E ratio of -7.14 and a beta of 0.96.

Spectral Medical (TSE:EDT - Get Free Report) last posted its quarterly earnings results on Friday, November 8th. The company reported C($0.04) earnings per share for the quarter. The company had revenue of C$0.50 million during the quarter. Analysts predict that Spectral Medical Inc. will post -0.05 earnings per share for the current year.

Spectral Medical Company Profile

(Get Free Report)

Spectral Medical Inc is focused on the development and commercialization of a treatment for septic shock utilizing its endotoxin activity assay (EAA) diagnostic and the toraymyxin therapeutic. The company also manufactures and sells proprietary reagents. The product line of the company consists of proprietary biochemical, EAA, and instrumentation.

See Also

Should You Invest $1,000 in Spectral Medical Right Now?

Before you consider Spectral Medical, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spectral Medical wasn't on the list.

While Spectral Medical currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Palantir’s Explosive Growth: Buy Now or Wait for a Dip?

Palantir’s Explosive Growth: Buy Now or Wait for a Dip?

📈 Palantir (PLTR) just crossed $100 – but can it stay there? Find out what's behind the surge and whether investors should expect a pullback or another boost.

Recent Videos

Palantir’s Explosive Growth: Buy Now or Wait for a Dip?
5 Stocks to BUY NOW in February 2025
How To Invest in Crypto as A Complete BEGINNER in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines