Spectral Medical: Top 10 Undervalued Medical Diagnostics & Research Industry Stocks (EDT)
Spectral Medical is now ranked among the top 10 undervalued stocks in the Medical Diagnostics & Research industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Medical Diagnostics & Research: Companies that provide laboratory testing services through imaging and other diagnostic services to the medical industry.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| SZLS | StageZero Life Sciences | 0.04 | 0.08 | 0.04 (87.9%) | 108784 | 4.9 | 0.0 | 0.0 |
| AVCR | Avricore Health | 0.14 | 0.16 | 0.03 (21.5%) | 26442 | 13.5 | 0.0 | 0.0 |
| ARC | ARCpoint | 0.10 | 0.10 | 0.01 (6.4%) | 15778 | 8.5 | 0.0 | 0.0 |
| EDT | Spectral Medical | 0.44 | 0.46 | 0.02 (4.5%) | 61248 | 122.6 | 0.0 | 0.0 |
| JUMP | Leveljump Healthcare | 0.07 | 0.08 | 0.00 (0.8%) | 22112 | 7.0 | 0.0 | 0.0 |
All data provided as of April 15, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Spectral Medical
Spectral Medical Inc is focused on the development and commercialization of a treatment for septic shock utilizing its endotoxin activity assay (EAA) diagnostic and the toraymyxin therapeutic. The company also manufactures and sells proprietary reagents. The product line of the company consists of proprietary biochemical, EAA, and instrumentation. The company has one reporting segment Spectral Medical Inc. The Dialco Medical Inc. operations were considered discontinued by the company.
Spectral Medical is listed under EDT on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
