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Edesa Biotech Inc

EDSA | US

5.22

USD

-0.68

-11.53%

EDSA | US

About Edesa Biotech Inc

Sector

Healthcare

Industry

Biotechnology

Earnings date

30/06/2024

As of date

14/04/2026

Close

5.22

Open

5.75

High

6.03

Low

5.11

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
176.3
Sharpe
0.79
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

10 days

109.1%

1 month

176.3%

3 months

314.1%

6 months

230.5%

Returns

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

16.95M

MarketCap(USD)

16.95M

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

Range10D

1.56

Range1M

4.51

Range3M

8.64

Volumes: Market Activity

Rel. volume

0.43

Price X volume

2.19M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
PLURPLURBiotechnology3.418.60M1.78%n/a30845.83%
Can-Fite BioPharma LtdCANFBiotechnology3.0518.59M4.45%n/a0.00%
Enlivex Therapeutics LtdENLVBiotechnology0.81617.47M-2.65%n/a2.92%
Enveric Biosciences IncENVBBiotechnology1.9517.39M-1.02%n/a0.00%
Inhibikase Therapeutics Inc.IKTBiotechnology1.716.96M-0.58%n/a3.49%
Cingulate Inc. Common StockCINGBiotechnology5.3516.29M-2.73%n/a10.72%
VistaGen Therapeutics IncVTGNBiotechnology0.616.23M4.17%n/a1.90%
Lexaria Bioscience CorpLEXXBiotechnology1.0216.13M4.08%n/a1.41%
Longeveron Inc. Class A Common StockLGVNBiotechnology1.1216.08M0.00%n/a11.72%
Aytu BioScience IncAYTUBiotechnology2.5615.74M-2.66%n/a54.59%
  • 1

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Vision Marine Technologies IncVMARRecreational Vehicles1.871.03M-9.66%n/a0.00%
Micromobility.com Inc.MCOMRecreational Vehicles0.005461.07Kn/a-37.05%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-1.25-Cheaper
Ent. to Revenue128,525.00-Expensive
PE Ratio-41.03-
Price to Book4.6415.55Cheaper
Dividend Yield---
Std. Deviation (3M)314.08-Riskier
Debt to Equity0.01-1.23Expensive
Debt to Assets0.010.25Cheaper
Market Cap16.95M-Emerging
  • 1

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