Acquisition by Brooks Michael J of 3000 shares of Edesa Biotech at 1.4943 subject to Rule 16b-3

EDSA Stock  USD 2.44  0.14  6.09%   
About 55% of Edesa Biotech's investors are presently thinking to get in. The analysis of the overall investor sentiment regarding Edesa Biotech suggests that some traders are interested. The current market sentiment, together with Edesa Biotech's historical and current headlines, can help investors time the market. In addition, many technical investors use Edesa Biotech stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Edesa Biotech Director President. Grant, award or other acquisition pursuant to Rule 16b-3

Read at macroaxis.com
Acquisition of 3000 common shares at 1.4943 of Edesa Biotech by Brooks Michael J on 6th of November 2024. This event was filed by Edesa Biotech with SEC on 2022-06-29. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

Edesa Biotech's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Edesa Biotech's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Edesa Biotech Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Edesa Biotech can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Edesa Biotech Fundamental Analysis

We analyze Edesa Biotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Edesa Biotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Edesa Biotech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Retained Earnings

Retained Earnings Comparative Analysis

Edesa Biotech is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Edesa Biotech Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Edesa Biotech stock to make a market-neutral strategy. Peer analysis of Edesa Biotech could also be used in its relative valuation, which is a method of valuing Edesa Biotech by comparing valuation metrics with similar companies.

Peers

Edesa Biotech Related Equities

PCSAProcessa Pharmaceuticals   18.37   
0%
100.0%
KTTAPasithea Therapeutics   6.55   
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35.0%
ADTXAditxt   5.71   
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CINGCingulate   3.81   
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20.0%
LIXTLixte Biotechnology   2.76   
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15.0%
QNRXQuoin Pharmaceuticals   1.69   
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9.0%
PALIPalisade Bio   1.65   
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8.0%
PSTVPlus Therapeutics   1.59   
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8.0%
REVBRevelation Biosciences   1.33   
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7.0%
SNTISenti Biosciences   0.93   
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5.0%
RNXTRenovoRx   0.79   
0%
4.0%
NRBONeurobo Pharmaceuticals   0.43   
0%
2.0%
LGVNLongeveron LLC   0.49   
2.0%
0%
INDPIndaptus Therapeutics   0.97   
5.0%
0%
SABSSAB Biotherapeutics   1.02   
5.0%
0%
NTRBNutriband   1.03   
5.0%
0%
THRDThird Harmonic   2.67   
14.0%
0%
VRAXVirax Biolabs   4.83   
26.0%
0%

Complementary Tools for Edesa Stock analysis

When running Edesa Biotech's price analysis, check to measure Edesa Biotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edesa Biotech is operating at the current time. Most of Edesa Biotech's value examination focuses on studying past and present price action to predict the probability of Edesa Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edesa Biotech's price. Additionally, you may evaluate how the addition of Edesa Biotech to your portfolios can decrease your overall portfolio volatility.
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