Edesa Biotech Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 168/404 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 11.00.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Edesa Biotech Inc's Score
Industry at a Glance
Industry Ranking
168 / 404
Overall Ranking
298 / 4582
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
11.000
Target Price
+532.18%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Edesa Biotech Inc Highlights
StrengthsRisks
Edesa Biotech, Inc. is a clinical-stage biopharmaceutical company developing ways to treat inflammatory and immune-related diseases. The Company’s clinical pipeline is focused on two therapeutic areas: medical dermatology and respiratory. In medical dermatology, the Company is developing EB06, an anti-CXCL10 monoclonal antibody candidate, as a therapy for vitiligo, a common autoimmune disorder that causes skin to lose its color in patches. Its medical dermatology assets also include EB01 (1.0% daniluromer cream), a Phase III-ready asset developed for use as a potential therapy for moderate-to-severe chronic allergic contact dermatitis (ACD), a common occupational skin condition. The Company’s advanced respiratory drug candidate is EB05 (paridiprubart), which is being evaluated in a United States government-funded platform study as a treatment for acute respiratory distress syndrome.
Fairly Valued
The company’s latest PE is -1.17, at a medium 3-year percentile range.
Edesa Biotech, Inc. is a clinical-stage biopharmaceutical company developing ways to treat inflammatory and immune-related diseases. The Company’s clinical pipeline is focused on two therapeutic areas: medical dermatology and respiratory. In medical dermatology, the Company is developing EB06, an anti-CXCL10 monoclonal antibody candidate, as a therapy for vitiligo, a common autoimmune disorder that causes skin to lose its color in patches. Its medical dermatology assets also include EB01 (1.0% daniluromer cream), a Phase III-ready asset developed for use as a potential therapy for moderate-to-severe chronic allergic contact dermatitis (ACD), a common occupational skin condition. The Company’s advanced respiratory drug candidate is EB05 (paridiprubart), which is being evaluated in a United States government-funded platform study as a treatment for acute respiratory distress syndrome.
Ticker SymbolEDSA
CompanyEdesa Biotech Inc
CEONijhawan (Pardeep)
Websitehttps://www.edesabiotech.com/
FAQs
What is the current price of Edesa Biotech Inc (EDSA)?
The current price of Edesa Biotech Inc (EDSA) is 1.480.
What is the symbol of Edesa Biotech Inc?
The ticker symbol of Edesa Biotech Inc is EDSA.
What is the 52-week high of Edesa Biotech Inc?
The 52-week high of Edesa Biotech Inc is 4.490.
What is the 52-week low of Edesa Biotech Inc?
The 52-week low of Edesa Biotech Inc is 1.440.
What is the market capitalization of Edesa Biotech Inc?
The market capitalization of Edesa Biotech Inc is 10.39M.
What is the net income of Edesa Biotech Inc?
The net income of Edesa Biotech Inc is -6.17M.
Is Edesa Biotech Inc (EDSA) currently rated as Buy, Hold, or Sell?
According to analysts, Edesa Biotech Inc (EDSA) has an overall rating of Buy, with a price target of 11.000.
What is the Earnings Per Share (EPS TTM) of Edesa Biotech Inc (EDSA)?
The Earnings Per Share (EPS TTM) of Edesa Biotech Inc (EDSA) is -1.270.