Spectral Medical (TSE:EDT) Shares Cross Below 200-Day Moving Average of $0.37

Spectral Medical Inc. (TSE:EDT – Get Rating) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.37 and traded as low as C$0.34. Spectral Medical shares last traded at C$0.34, with a volume of 3,000 shares changing hands.

Spectral Medical Stock Up 1.5 %

The stock has a market cap of C$94.59 million, a price-to-earnings ratio of -8.50 and a beta of 0.99. The business has a fifty day moving average of C$0.33 and a 200 day moving average of C$0.37. The company has a debt-to-equity ratio of 26.03, a current ratio of 0.97 and a quick ratio of 0.45.

Spectral Medical Company Profile

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Spectral Medical Inc, together with its subsidiaries, focuses on the development and commercialization of products for the treatment of septic shock and renal disease 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.