Spectral Medical Inc (EDT) Cut to Reduce at Cormark

Cormark cut shares of Spectral Medical Inc (TSE:EDT) from a buy rating to a reduce rating in a research note released on Monday morning.

Separately, GMP Securities restated a speculative buy rating on shares of Spectral Medical in a report on Wednesday, September 14th.

Spectral Medical (TSE:EDT) opened at 0.215 on Monday. The stock’s 50 day moving average price is $1.22 and its 200-day moving average price is $1.02. The firm’s market capitalization is $44.45 million. Spectral Medical has a 12 month low of $0.18 and a 12 month high of $2.07.

Spectral Medical Company Profile

Spectral Medical Inc, formerly Spectral Diagnostics Inc, is a therapeutic development company. The Company is focused on the development and commercialization of a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) and the Toraymyxin (PMX) therapeutic. The Company also manufactures and sells certain reagents.

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