Spectral Medical (TSE:EDT) Stock Passes Above 50-Day Moving Average of $0.45

Spectral Medical Inc. (TSE:EDT) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.45 and traded as high as C$0.50. Spectral Medical shares last traded at C$0.49, with a volume of 34,000 shares trading hands.

Spectral Medical Trading Down 2.0 %

The company has a quick ratio of 0.45, a current ratio of 0.40 and a debt-to-equity ratio of 26.03. The company has a market cap of C$136.50 million, a P/E ratio of -8.17 and a beta of 0.91. The business has a 50-day moving average price of C$0.45 and a two-hundred day moving average price of C$0.46.

Spectral Medical (TSE:EDT) last announced its quarterly earnings data on Thursday, March 28th. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$0.37 million during the quarter. On average, analysts predict that Spectral Medical Inc. will post -0.05 EPS for the current year.

Spectral Medical Company Profile

Spectral Medical Inc focuses on the development and commercialization of products for the treatment of septic shock in the United States, Italy, Ireland, and internationally. The company markets Endotoxin Activity Assay, a rapid in vitro diagnostic test for the detection of components of gram negative bacterial cell wall; and Polymyxin B Hemoperfusion, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream.