Spectral Medical (TSE:EDT) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Spectral Medical Inc. (TSE:EDTGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.65 and traded as high as C$0.77. Spectral Medical shares last traded at C$0.77, with a volume of 139,820 shares trading hands.

Spectral Medical Stock Performance

The business has a 50-day moving average price of C$0.66 and a two-hundred day moving average price of C$0.59. The company has a market cap of C$216.56 million, a P/E ratio of -11.00 and a beta of 0.96. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 26.03.

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.

Read More

Receive News & Ratings for Spectral Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectral Medical and related companies with MarketBeat.com's FREE daily email newsletter.