Spectral Medical Inc. sees moderate price movement amid limited news this week.
This week, Spectral Medical Inc. (EDT.TO) has experienced a slight increase in its stock price, closing at C$1.31, up 0.71% for the day and 1.44% for the week. The company's performance remains relatively stable despite the absence of significant recent developments.
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Spectral Med Inc
EDT.TO
EDT.TO
Spectral Med Inc
WealthAwesomeMarket cap
$413.72M
52W high
$1.76
52W low
$1.11
1W change
+1.44%
Beta
0.21
Analyst Price Targets
Based on analyst covering EDT
Wall Street analysts forecast EDT stock price to rise 123.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.15
+123.4% Upside
Current Price
C$1.41
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on EDT's historical volatility
30-Day Vol
25.7%
Annualized
90-Day Vol
26.5%
Annualized
Trend (90d)
-3.0%
Annualized drift
90d Mean
C$1.40
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$1.41 | C$1.29 โ C$1.54 |
| 60 trading days | C$1.40 | C$1.23 โ C$1.59 |
| 90 trading days | C$1.40 | C$1.20 โ C$1.63 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Investors might want to keep an eye on Spectral Medical's ongoing developments in the healthcare sector, particularly regarding its PMA application with the FDA. However, the lack of recent news could lead to cautious trading.
Spectral Medical Inc. Stock Closes at C$1.31, Up 1.44% This Week.
The stock is currently trading within 31% of its 52-week range of C$1.11 โ C$1.76, indicating some volatility and potential for movement.
Bull case
Analysts have set an average target of C$3.15 for the stock, suggesting a potential upside for investors as the company continues to develop its therapeutic options for sepsis and septic shock.
Bear case
On the downside, the company has reported a negative return on equity and has yet to establish a profit margin. This situation may raise concerns for investors seeking financial stability.
Price Action Overview
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Spectral Medical Inc. has closed at C$1.31, reflecting a 1D increase of 0.71% and a weekly gain of 1.44%. The stock has seen a slight decline of 0.70% over the past month but is up 2.17% year-to-date. This performance might indicate steady interest among investors despite the lack of recent news.
Recent Company News
In recent months, Spectral Medical has made significant announcements, including the filing of a Premarket Approval (PMA) application with the U.S. FDA for its product PMX on June 25, 2026. This development is critical as it could pave the way for future revenue streams if approved. However, there have been no recent updates since the company's second-quarter financial results were released on August 7, 2026.
Technical Picture
Currently, Spectral Medical's stock is trading below both its 50-day moving average of C$1.37 and its 200-day moving average of C$1.36, indicating a bearish trend in the short to medium term. The stock's beta of 0.21 suggests lower volatility compared to the market, which may appeal to risk-averse investors. The latest trading volume of 170,549 shares is significantly higher than the 20-day average of 62,440 shares, indicating increased interest in the stock.
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