Spectral Medical (OTCMKTS:EDTXF) Shares Down 3.9% – Here’s Why

Shares of Spectral Medical Inc. (OTCMKTS:EDTXFGet Free Report) traded down 3.9% on Friday . The company traded as low as $0.40 and last traded at $0.40. 4,999 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 5,573 shares. The stock had previously closed at $0.41.

Spectral Medical Trading Down 3.9 %

The company’s 50-day moving average is $0.37 and its two-hundred day moving average is $0.42. The stock has a market capitalization of $113.22 million, a P/E ratio of -5.69 and a beta of 0.87.

Spectral Medical (OTCMKTS:EDTXFGet Free Report) last issued its quarterly earnings data on Friday, November 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $0.37 million during the quarter.

Spectral Medical Company Profile

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Spectral Medical Inc focuses on the development and commercialization of products for the treatment of septic shock in the United States, Italy, Ireland, and internationally. 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.

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