Spectral Medical (TSE:EDT) Stock Price Up 15.4%

Spectral Medical Inc (TSE:EDT)’s share price rose 15.4% during mid-day trading on Monday . The company traded as high as C$0.47 and last traded at C$0.45. Approximately 268,614 shares were traded during trading, an increase of 319% from the average daily volume of 64,174 shares. The stock had previously closed at C$0.39.

The company has a quick ratio of 5.75, a current ratio of 6.55 and a debt-to-equity ratio of 14.74. The company has a market cap of $83.47 million and a PE ratio of -30.83.

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About Spectral Medical (TSE:EDT)

Spectral Medical Inc focuses on the development and commercialization of treatment for septic shock in North America. The company markets Endotoxin Activity Assay, a rapid diagnostic test for the detection of components of gram negative bacterial cell wall in Europe and Canada; and Toraymyxin, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream in Europe, Canada, and Japan.

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