LED Medical Diagnostics (CVE:LMD) Trading Up ∞ – Here’s Why

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

LED Medical Diagnostics Trading Up ∞

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 company has a market capitalization of C$15.51 million and a P/E ratio of -10.26. The firm’s 50-day moving average price is C$0.40 and its 200 day moving average price is C$0.40.

About LED Medical Diagnostics

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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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