Free Trial

Spectral Medical (TSE:EDT) Sets New 12-Month High - Here's Why

Spectral Medical logo with Medical background

Spectral Medical Inc. (TSE:EDT - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as C$0.89 and last traded at C$0.86, with a volume of 35000 shares changing hands. The stock had previously closed at C$0.84.

Spectral Medical Trading Up 1.2%

The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 26.03. The business has a fifty day simple moving average of C$0.83 and a 200 day simple moving average of C$0.69. The company has a market cap of C$244.69 million, a price-to-earnings ratio of -12.43 and a beta of 0.96.

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.

Recommended Stories

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

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

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

Featured Articles and Offers

Recent Videos

3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines