Spectral Diagnostics (OTCMKTS:EDTXF) Stock Falls 4.9% – Here’s What Happened

Spectral Diagnostics Inc. (OTCMKTS:EDTXF – Get Free Report) shares fell 4.9% on Thursday. The company traded as low as $0.7770 and last traded at $0.7770. Approximately 190 shares traded hands during trading, a decline of 98% from the average daily volume of 10,489 shares. The stock had previously closed at $0.8170.

Spectral Diagnostics Stock Performance

The company has a market cap of $228.94 million, a P/E ratio of -7.77 and a beta of 0.14. The firm’s fifty day moving average is $0.87 and its two-hundred day moving average is $0.95.

Spectral Diagnostics Company Profile

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Spectral Diagnostics Inc, now known as Spectral Medical Inc, is a Canadian medical-device and biotechnology company focused on the diagnosis and treatment of sepsis and other conditions associated with systemic inflammation. The company’s work centers on identifying endotoxemia, a condition in which bacterial endotoxins enter the bloodstream and contribute to severe immune responses.

Spectral’s principal diagnostic product is the Endotoxin Activity Assay, or EAA, a blood test designed to measure a patient’s endotoxin activity and help clinicians assess the risk of developing severe sepsis.

Further Reading

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