PortfoliosStock ScreensStocksStockXcel

Edesa Biotech Inc

EDSA | US

7.26

USD

0.48

7.08%

EDSA | US
Loading StockChartView...

About Edesa Biotech Inc

Sector

Healthcare

Industry

Biotechnology

Earnings date

30/06/2024

As of date

24/04/2026

Close

7.26

Open

6.89

High

7.30

Low

6.69

Edesa Biotech Inc. a clinical-stage biopharmaceutical company engages in the research and development manufacture and commercialization of pharmaceutical products for inflammatory and immune-related diseases. Its lead product candidates are EB05 a monoclonal antibody which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome in Covid-19 patients; and EB01 a topical vanishing cream containing non-steroidal anti-inflammatory compound that is in Phase 2b clinical study to treat chronic allergic contact dermatitis. The company also develops EB02 an extension of secretory phospholipase 2 anti-inflammatory cream for treating erythema swelling and exudation associated with hemorrhoids disease; and EB06 an anti- chemokine ligand 10 (CXCL10) monoclonal antibody in vitiligo. It has a collaboration agreement with NovImmune SA to develop monoclonal antibodies targeting products containing toll-like receptor 4 and CXCL10 for therapeutic prophylactic and diagnostic applications in humans and animals; and Yissum Research Development Company for the development of products for therapeutic prophylactic and diagnostic uses in topical dermal and anorectal applications as well as for the use in dermatologic and gastrointestinal conditions. The company was founded in 2015 and is headquartered in Markham Canada.

View Less

EDSA | US

Risk
130.0
Sharpe
1.23
Luna's Score
58/100
Recommendation
Hold

Luna says (EDSA | US)

What's Working

Positive Momentum

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Strong Sharpe Ratio (> 1.2)

What's not Working

High 6-Month Volatility (>65%)

Microcap (<300M USD)

Declining Revenue (< 0%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

Loading RiskMeterView...

10 days

152.8%

1 month

130.0%

3 months

314.6%

6 months

232.6%

Returns

Loading ReturnMeterView...

Fundamental Ratios

PE

-

Fwd. PE

0.17

Price to book

4.64

Debt to equity

0.01

Debt to assets

0.01

Ent. to EBITDA

-1.25

Ent. to rev.

128.53K

PEG

-

Other Fundamentals

EBITDA

-8.27M

MarketCap

23.58M

MarketCap(USD)

23.58M

Div. yield

-

Op. margin

-

Erngs. growth

-

Rev. growth

-99.90

Ret. on equity

-129.29

Short ratio

2.05

Short perc.

0.47

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Loading MovingAverageView...

Range10D

2.84

Range1M

2.88

Range3M

8.64

Volumes: Market Activity

Volume Averages

Loading VolumeAverageView...

Rel. volume

0.27

Price X volume

560.18K

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Dyadic International IncDYAIBiotechnology0.8625.35M-0.69%n/a175.64%
CELUCELUBiotechnology1.1124.40M-0.89%n/a127.38%
QNRXQNRXBiotechnology5.722.69M-0.52%n/a43.11%
Evaxion Biotech A/SEVAXBiotechnology4.0322.48M-5.18%n/a837.11%
RenovoRx Inc. Common StockRNXTBiotechnology0.856620.55M-4.82%n/a0.00%
Aligos Therapeutics IncALGSBiotechnology6.420.46M4.40%n/a14.63%
Enlivex Therapeutics LtdENLVBiotechnology0.888519.02M-2.01%n/a2.92%
Inhibikase Therapeutics Inc.IKTBiotechnology1.8818.75M-2.59%n/a3.49%
PLURPLURBiotechnology3.34518.30M-2.76%n/a30845.83%
DOMHDOMHBiotechnology2.8918.14M0.00%n/a7.66%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
REE Automotive Ltd. Class A Ordinary SharesREERecreational Vehicles0.5711.01M-3.37%n/a58.43%
Antelope Enterprise Holdings LimitedAEHLBuilding Products & Equipment0.51657.55M-0.67%0.0316.03%
EZGO Technologies Ltd. Ordinary SharesEZGORecreational Vehicles1.383.52M0.23%n/a17.32%
Twin Vee PowerCats Co. Common StockVEEERecreational Vehicles0.1991.89M1.38%n/a19.98%
Vision Marine Technologies IncVMARRecreational Vehicles1.27699.77K-6.62%n/a0.00%
Micromobility.com Inc.MCOMRecreational Vehicles0.0055507.18K-37.50%n/a-37.05%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-1.250.53Cheaper
Ent. to Revenue128,525.003,967.00Expensive
PE Ratio-41.03-
Price to Book4.6415.55Cheaper
Dividend Yield-2.20-
Std. Deviation (3M)314.6372.80Riskier
Debt to Equity0.01-1.23Expensive
Debt to Assets0.010.25Cheaper
Market Cap23.58M3.66BEmerging
  • 1

Unlock Your Investing Potential

Register with Xstocks

Join over 2,000+ Investors

Register now and embark on your journey to informed and successful investing.

Explore Industry Correlations

Explore Industry Correlations

Uncover Trading and Hedging Opportunities

Gain valuable insights into potential trading opportunities and discover strategic hedging possibilities

Discover Top-Performing Industries

Discover Top performing Industries

Explore Stocks for Short and Long-Term Gains

Uncover opportunities at both short-term and long-term horizons, allowing you to make informed investment decisions.

Follow us @XStocks007