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Edesa Biotech Inc

EDSA | US

5.37

USD

-0.09

-1.65%

EDSA | US
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About Edesa Biotech Inc

Sector

Healthcare

Industry

Biotechnology

Earnings date

30/06/2024

As of date

08/06/2026

Close

5.37

Open

5.74

High

5.84

Low

4.94

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.

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EDSA | US

Risk
209.6
Sharpe
0.89
Luna's Score
43/100
Recommendation
Sell

Luna says (EDSA | US)

What's Working

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

What's not Working

Negative Momentum (Declining Price)

Price Below SMA10D

High 6-Month Volatility (>65%)

Microcap (<300M USD)

Declining Revenue (< 0%)

Volatility Signals

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

Risk Meter

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10 days

137.1%

1 month

209.6%

3 months

214.9%

6 months

263.0%

Returns

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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

17.44M

MarketCap(USD)

17.44M

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: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

6.44

Range1M

12.20

Range3M

15.47

Volumes: Market Activity

Volume Averages

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Rel. volume

0.85

Price X volume

1.62M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Can-Fite BioPharma LtdCANFBiotechnology3.0818.78M-0.32%n/a0.00%
QNRXQNRXBiotechnology4.5718.19M1.78%n/a43.11%
CELUCELUBiotechnology0.81217.85M-6.91%n/a127.38%
Outlook Therapeutics IncOTLKBiotechnology0.72217.08M-7.04%n/a-39.11%
Werewolf Therapeutics Inc. Common StockHOWLBiotechnology0.381916.69M-2.65%n/a35.26%
22nd Century Group IncXXIIBiotechnology0.515916.22M11.52%n/a-1072.15%
Inhibikase Therapeutics Inc.IKTBiotechnology1.6216.16M-0.61%n/a3.49%
Aligos Therapeutics IncALGSBiotechnology4.9615.85M1.02%n/a14.63%
DarT Bioscience IncDAREBiotechnology1.8515.81M-1.60%0.12218.34%
iBio IncIBIOBiotechnology1.7315.81M-4.95%n/a20.92%
  • 1

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PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
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EZGO Technologies Ltd. Ordinary SharesEZGORecreational Vehicles1.493.81M12.88%n/a17.32%
Micromobility.com Inc.MCOMRecreational Vehicles0.0058534.84Kn/a-37.05%
Vision Marine Technologies IncVMARRecreational Vehicles0.4181230.37K7.87%n/a0.00%
  • 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)214.9472.80Riskier
Debt to Equity0.01-1.23Expensive
Debt to Assets0.010.25Cheaper
Market Cap17.44M3.66BEmerging
  • 1

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