Spectral Medical (TSE:EDT) Sets New 12-Month High – What’s Next?

Spectral Medical Inc. (TSE:EDTGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.79 and last traded at C$0.72, with a volume of 139480 shares trading hands. The stock had previously closed at C$0.75.

Spectral Medical Stock Down 2.7 %

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 business has a 50 day moving average of C$0.55 and a 200 day moving average of C$0.58. The firm has a market capitalization of C$205.31 million, a price-to-earnings ratio of -10.43 and a beta of 0.96.

Spectral Medical Company Profile

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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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