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Spectral Medical (TSE:EDT) Stock Price Crosses Above 50 Day Moving Average - What's Next?

Spectral Medical logo with Medical background

Spectral Medical Inc. (TSE:EDT - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.74 and traded as high as C$0.83. Spectral Medical shares last traded at C$0.83, with a volume of 43,896 shares changing hands.

Spectral Medical Stock Up 1.2 %

The business has a 50-day moving average of C$0.75 and a 200 day moving average of C$0.62. The company has a market capitalization of C$236.25 million, a PE ratio of -12.00 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.

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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