LED Medical Diagnostics (CVE:LMD) Trading ∞ Higher – Still a Buy?

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

LED Medical Diagnostics Stock Performance

The business has a 50-day moving average price of C$0.40 and a 200-day moving average price of C$0.40. The company has a quick ratio of 1.03, a current ratio of 1.32 and a debt-to-equity ratio of 221.26. The firm has a market capitalization of C$15.51 million and a price-to-earnings ratio of -10.26.

LED Medical Diagnostics Company Profile

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.