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Spectral Medical (TSE:EDT) Stock Price Crosses Above 50-Day Moving Average - Time to Sell?

Spectral Medical logo with Medical background

Spectral Medical Inc. (TSE:EDT - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.53 and traded as high as C$0.65. Spectral Medical shares last traded at C$0.64, with a volume of 111,651 shares trading hands.

Spectral Medical Stock Up 1.6 %

The business's 50 day moving average price is C$0.53 and its 200-day moving average price is C$0.58. The firm has a market capitalization of C$182.81 million, a PE ratio of -9.29 and a beta of 0.96. The company has a debt-to-equity ratio of 26.03, a quick ratio of 0.45 and a current ratio of 0.61.

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.

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