EDT : Spectral Medical Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Spectral Medical Inc trades with the ticker EDT on the TSX and is in the Diagnostics & Research industry.

Overview
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. It also develops and manufactures monoclonal and polyclonal antibodies, recombinant cardiac proteins, and calibrators for use in the research and development, as well as products that are manufactured by other diagnostic companies. The company was formerly known as Spectral Diagnostics Inc. and changed its name to Spectral Medical Inc. in December 2014. Spectral Medical Inc. was incorporated in 1991 and is headquartered in Toronto, Canada.
 

Looking to invest in Spectral Medical Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

EDT.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $142.074MM

PE Ratio:

Price: 0.5 (Updated: 3/12/2024 0:47:16)



Spectral Medical Inc (EDT) vs Competitors in Diagnostics & Research

Lets see how EDT.TO stacks up against others in the Diagnostics & Research asset management industry. We have identified its main peers as:

Akumin Inc, StageZero Life Sciences Ltd

.

Diagnostics & Research Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Akumin Inc (AKU) $45.152 N/A -64.923 N/A%
Spectral Medical Inc (EDT) $142.074 N/A -13.106 N/A%
StageZero Life Sciences Ltd (SZLS) $5.522 N/A -0.614 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Diagnostics & Research

  • Spectral Medical Inc (EDT) vs Akumin Inc (AKU)
    • EDT has higher EPS (-0.05 vs -3.8). AKU and EDT both have P/E’s under 0.
  • Spectral Medical Inc (EDT) vs StageZero Life Sciences Ltd (SZLS)
    • EDT has higher EPS (-0.05 vs -0.16). SZLS and EDT both have P/E’s under 0.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy EDT stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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