NASDAQ:EDSA Edesa Biotech (EDSA) Stock Price, News & Analysis → What is the 72-Hour Profit Surge? (From DTI) (Ad) Free EDSA Stock Alerts $4.50 +0.19 (+4.41%) (As of 02:59 PM ET) Add Compare Share Share Today's Range$4.46▼$4.6050-Day Range$4.06▼$5.6552-Week Range$2.46▼$8.61Volume2,069 shsAverage Volume12,191 shsMarket Capitalization$14.47 millionP/E RatioN/ADividend YieldN/APrice Target$39.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Edesa Biotech alerts: Email Address Edesa Biotech MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside749.7% Upside$39.00 Price TargetShort InterestHealthy0.65% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$20,000 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($2.32) to ($1.67) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.92 out of 5 starsMedical Sector492nd out of 907 stocksPharmaceutical Preparations Industry224th out of 422 stocks 3.5 Analyst's Opinion Consensus RatingEdesa Biotech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageEdesa Biotech has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.65% of the float of Edesa Biotech has been sold short.Short Interest Ratio / Days to CoverEdesa Biotech has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Edesa Biotech has recently decreased by 22.05%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldEdesa Biotech does not currently pay a dividend.Dividend GrowthEdesa Biotech does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EDSA. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Edesa Biotech this week, compared to 0 articles on an average week.Search Interest1 people have searched for EDSA on MarketBeat in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Edesa Biotech insiders have bought more of their company's stock than they have sold. Specifically, they have bought $20,000.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders25.00% of the stock of Edesa Biotech is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 5.50% of the stock of Edesa Biotech is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Edesa Biotech are expected to grow in the coming year, from ($2.32) to ($1.67) per share.Price to Book Value per Share RatioEdesa Biotech has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWhat is the 72-Hour Profit Surge?One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…Click here now to get all the details. About Edesa Biotech Stock (NASDAQ:EDSA)Edesa Biotech, Inc., a clinical-stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of pharmaceutical products for inflammatory and immune-related diseases. Its lead product candidates are EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome in Covid-19 patients; and EB01, a topical vanishing cream containing non-steroidal anti-inflammatory compound that has completed Phase 2b clinical study to treat chronic allergic contact dermatitis. The company also develops EB02, an extension of secretory phospholipase 2 anti-inflammatory cream for treating erythema, swelling, and exudation associated with hemorrhoids disease; and EB06, an anti- chemokine ligand 10 (CXCL10) monoclonal antibody in vitiligo. It has a collaboration agreement with NovImmune SA to develop monoclonal antibodies targeting products containing toll-like receptor 4 and CXCL10 for therapeutic, prophylactic, and diagnostic applications in humans and animals; and Yissum Research Development Company for the development of products for therapeutic, prophylactic, and diagnostic uses in topical dermal and anorectal applications, as well as for the use in dermatologic and gastrointestinal conditions. The company was founded in 2015 and is headquartered in Markham, Canada.Read More EDSA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EDSA Stock News HeadlinesMarch 26, 2024 | insidertrades.comInsider Buying: Edesa Biotech, Inc. (NASDAQ:EDSA) CEO Acquires 5,000 Shares of StockFebruary 15, 2024 | finance.yahoo.comEDSA: Development of EB05 in ARDS Continues…April 25, 2024 | DTI (Ad)What is the 72-Hour Profit Surge?One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…February 14, 2024 | investing.comEdesa Biotech Inc (EDSA)February 11, 2024 | benzinga.comEdesa Biotech Stock (NASDAQ:EDSA) Earnings Dates and Earning CallsFebruary 9, 2024 | finance.yahoo.comEdesa Biotech Reports Fiscal 1st Quarter 2024 ResultsJanuary 2, 2024 | finance.yahoo.comEDSA: Updated Phase 3 Protocol for EB05 Trial Approved by Canadian Regulators…December 15, 2023 | finance.yahoo.comEdesa Biotech Reports Fiscal Year 2023 ResultsApril 25, 2024 | DTI (Ad)What is the 72-Hour Profit Surge?One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…December 1, 2023 | benzinga.comEdesa Biotech Stock (NASDAQ:EDSA) Dividends: History, Yield and DatesNovember 12, 2023 | morningstar.comEdesa Biotech Inc EDSANovember 2, 2023 | msn.comEdesa Biotech (EDSA) Price Target Increased by 528.00% to 53.38October 26, 2023 | finance.yahoo.comEdesa Biotech to Present at Dermatology Drug Development SummitOctober 25, 2023 | finance.yahoo.comRegulators Approve Updated Phase 3 Trial Design for Edesa Biotech’s ARDS DrugOctober 19, 2023 | finance.yahoo.comEDSA: Secures up to CAD$23 Million to Fund Development of EB05…October 12, 2023 | msn.comWhy Is Infectious Disease Player Edesa Biotech Stock Soaring Today?October 12, 2023 | finance.yahoo.comEdesa Biotech to Receive Up To C$23 Million in Funding from Federal GovernmentOctober 12, 2023 | finance.yahoo.comEdesa Biotech Secures $10 Million Credit Facility with Company FounderOctober 11, 2023 | seekingalpha.comEdesa Biotech falls after 1-for-7 reverse stock split announcementOctober 10, 2023 | marketwatch.comEdesa Biotech Falls to 52-Week Low on Reverse Split NewsOctober 10, 2023 | finance.yahoo.comEdesa Biotech Announces One-for-Seven Reverse Share SplitSeptember 28, 2023 | finance.yahoo.comEdesa Biotech Publishes Phase 2 Substudy Results of ARDS Drug CandidateAugust 16, 2023 | finance.yahoo.comEDSA: EB05 Inhibits Inflammation Initiated by Multiple Pathogens In Vitro…August 15, 2023 | msn.comHC Wainwright & Co. Maintains Edesa Biotech (EDSA) Buy RecommendationAugust 9, 2023 | finance.yahoo.comEdesa Biotech Reports Fiscal Third Quarter 2023 ResultsJuly 27, 2023 | finance.yahoo.comEdesa Biotech to Participate in Upcoming Canaccord Genuity Growth ConferenceJune 28, 2023 | msn.comEdesa Biotech's COVID-19 Candidate Restraints Inflammation From Influenza, Other Pathogens In Preclinical StudiesSee More Headlines Receive EDSA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Edesa Biotech and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/09/2024Today4/25/2024Next Earnings (Estimated)5/09/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:EDSA CUSIPN/A CIK1540159 Webwww.edesabiotech.com Phone(289) 800-9600Fax805-488-2889Employees16Year FoundedN/APrice Target and Rating Average Stock Price Target$39.00 High Stock Price Target$57.00 Low Stock Price Target$21.00 Potential Upside/Downside+770.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-8,370,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-103.78% Return on Assets-83.85% Debt Debt-to-Equity RatioN/A Current Ratio2.73 Quick Ratio2.73 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$2.34 per share Price / Book1.91Miscellaneous Outstanding Shares3,220,000Free Float2,412,000Market Cap$14.43 million OptionableNot Optionable Beta0.32 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesDr. Pardeep Nijhawan FRCPC (Age 53)M.D., CEO, Company Secretary & Director Comp: $475.33kDr. Michael J. Brooks M.B.A. (Age 46)Ph.D., President Comp: $439.27kKey CompetitorsABVC BioPharmaNASDAQ:ABVCTraws PharmaNASDAQ:TRAWNeuroBo PharmaceuticalsNASDAQ:NRBOAytu BioPharmaNASDAQ:AYTUKiora PharmaceuticalsNASDAQ:KPRXView All CompetitorsInsidersPardeep NijhawanBought 5,000 shares on 3/25/2024Total: $20,000.00 ($4.00/share)View All Insider Transactions EDSA Stock Analysis - Frequently Asked Questions Should I buy or sell Edesa Biotech stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Edesa Biotech in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EDSA shares. View EDSA analyst ratings or view top-rated stocks. What is Edesa Biotech's stock price target for 2024? 2 brokerages have issued 1 year price objectives for Edesa Biotech's stock. Their EDSA share price targets range from $21.00 to $57.00. On average, they expect the company's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 749.7% from the stock's current price. View analysts price targets for EDSA or view top-rated stocks among Wall Street analysts. How have EDSA shares performed in 2024? Edesa Biotech's stock was trading at $4.57 at the start of the year. Since then, EDSA stock has increased by 0.4% and is now trading at $4.59. View the best growth stocks for 2024 here. Are investors shorting Edesa Biotech? Edesa Biotech saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 15,200 shares, a decrease of 22.1% from the March 31st total of 19,500 shares. Based on an average daily trading volume, of 12,700 shares, the short-interest ratio is presently 1.2 days. Approximately 0.7% of the company's stock are sold short. View Edesa Biotech's Short Interest. When is Edesa Biotech's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our EDSA earnings forecast. How were Edesa Biotech's earnings last quarter? Edesa Biotech, Inc. (NASDAQ:EDSA) released its quarterly earnings results on Friday, February, 9th. The company reported ($0.54) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.21) by $0.67. When did Edesa Biotech's stock split? Edesa Biotech shares reverse split before market open on Wednesday, October 11th 2023. The 1-7 reverse split was announced on Tuesday, October 10th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, October 10th 2023. An investor that had 100 shares of stock prior to the reverse split would have 14 shares after the split. What other stocks do shareholders of Edesa Biotech own? Based on aggregate information from My MarketBeat watchlists, some companies that other Edesa Biotech investors own include Pfizer (PFE), AbbVie (ABBV), VBI Vaccines (VBIV), Vaxart (VXRT), Exxon Mobil (XOM), Anavex Life Sciences (AVXL), Occidental Petroleum (OXY), Sorrento Therapeutics (SRNE), AT&T (T) and Amarin (AMRN). How do I buy shares of Edesa Biotech? Shares of EDSA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:EDSA) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? 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