LED Medical Diagnostics (CVE:LMD) Shares Up ∞ – Still a Buy?

LED Medical Diagnostics Inc (CVE:LMDGet Free Report) shares shot up ∞ during mid-day trading on Thursday . The stock traded as high as C$0.40 and last traded at C$0.40. 8,500 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 21,517 shares.

LED Medical Diagnostics Price Performance

The stock has a market capitalization of C$15.51 million and a P/E ratio of -10.26. The company has a debt-to-equity ratio of 221.26, a quick ratio of 1.03 and a current ratio of 1.32. The business has a fifty day simple moving average of C$0.40 and a 200-day simple moving average of C$0.40.

LED Medical Diagnostics Company Profile

(Get Free Report)

LED Medical Diagnostics Inc develops and markets diagnostic dental imaging products and software in North America. Its products include Velscope Vx system, a device for the enhanced visualization of oral mucosal abnormalities, such as oral cancer and premalignant dysplasia; VELscope Vx imaging adapter for fluorescence and white-light clinical imaging; Vx VELcaps to prevent patient cross contamination; Vx VELsheaths, a single use plastic sheath to prevent patient cross contamination; and VELscope and Vx Value Bundle, a portable handheld device used to conduct oral tissue examinations.

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