Spectral Medical Inc. (TSE:EDT – Get Free Report)’s share price shot up 8.1% on Friday . The stock traded as high as C$0.40 and last traded at C$0.40. 122,253 shares changed hands during mid-day trading, an increase of 150% from the average session volume of 48,945 shares. The stock had previously closed at C$0.37.
Spectral Medical Stock Up 9.5 %
The company has a current ratio of 1.33, a quick ratio of 0.45 and a debt-to-equity ratio of 26.03. The firm’s 50 day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.31. The firm has a market cap of C$112.82 million, a price-to-earnings ratio of -8.10 and a beta of 0.89.
Spectral Medical Company Profile
Spectral Medical Inc, together with its subsidiaries, focuses on the development and commercialization of products for the treatment of septic shock in North America. 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.
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