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Spectral Medical (TSE:EDT) Hits New 1-Year High - Should You Buy?

Spectral Medical logo with Medical background

Spectral Medical Inc. (TSE:EDT - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.88 and last traded at C$0.86, with a volume of 26500 shares trading hands. The stock had previously closed at C$0.85.

Spectral Medical Stock Performance

The firm has a market cap of C$247.50 million, a P/E ratio of -12.57 and a beta of 0.96. The company has a debt-to-equity ratio of 26.03, a current ratio of 0.61 and a quick ratio of 0.45. The stock has a 50 day moving average of C$0.81 and a 200 day moving average of C$0.68.

About Spectral Medical

(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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