Spectral Diagnostics (OTCMKTS:EDTXF) Shares Down 1.7% – Time to Sell?

Shares of Spectral Diagnostics Inc. (OTCMKTS:EDTXFGet Free Report) fell 1.7% during trading on Wednesday . The stock traded as low as $0.9241 and last traded at $0.9241. 4,000 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 9,423 shares. The stock had previously closed at $0.94.

Spectral Diagnostics Price Performance

The stock’s 50 day simple moving average is $0.97 and its two-hundred day simple moving average is $0.99. The stock has a market cap of $271.62 million, a price-to-earnings ratio of -9.24 and a beta of 0.16.

Spectral Diagnostics 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. 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.

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