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Edesa Biotech, Inc. (EDSA)

Healthcare | Biotechnology | Markham, Canada | NasdaqCM
6.81 USD -0.20 (-2.853%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:10 a.m. EDT

The immediate catalyst driving this name is a dramatic, news-fueled rally where the stock surged over 70% on reports of positive Phase 3 results for its paridiprubart study. This clinical validation, combined with insider buying and a 'strong buy' analyst consensus, creates a compelling short-term narrative for a speculative bounce. However, the underlying business fundamentals tell a starkly different story. The company has endured a brutal decade-long decline, losing nearly 99.8% of its value since 2016, with four consecutive years of negative annual returns leading up to the latest data point. While the recent price action suggests the market is pricing in a potential turnaround, the balance sheet remains fragile with negative free cash flow and significant operating losses. Furthermore, there is no dividend history to speak of, offering zero income support. The investment case here rests entirely on the belief that these new clinical data points will successfully reverse a multi-year structural deterioration, making it a high-risk, high-reward speculation rather than a sound investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.491328
AutoETS0.502804
AutoTheta0.984009
AutoARIMA1.629715

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 23%
H-stat 10.92
Ljung-Box p 0.000
Jarque-Bera p 0.166
Excess Kurtosis -1.14
Attribute Value
Sector Healthcare
Market Cap 65,602,248
Forward P/E -3.53
Beta 1.05
Website https://www.edesabiotech.com

Info Dump

Attribute Value
52 Week Change 2.1863637
Address1 100 Spy Court
All Time High 6,938.4
All Time Low 0.72
Ask 8.72
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 72,220
Average Daily Volume3 Month 517,006
Average Volume 517,006
Average Volume10Days 72,220
Beta 1.05
Bid 5.15
Bid Size 2
Book Value 0.205
City Markham
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 6.81
Current Ratio 4.761
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 7.1999
Day Low 6.7
Display Name Edesa Biotech
Dividend Date 1,560,124,800
Earnings Timestamp End 1,754,913,600
Earnings Timestamp Start 1,754,564,340
Ebitda -10,909,381
Ebitda Margins 0.0
Enterprise To Ebitda -5.401
Enterprise Value 58,925,288
Eps Forward -1.93
Eps Trailing Twelve Months -1.26
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 9.6154
Fifty Day Average Change -2.8054004
Fifty Day Average Change Percent -0.29176116
Fifty Two Week Change Percent 218.63637
Fifty Two Week High 20.32
Fifty Two Week High Change -13.51
Fifty Two Week High Change Percent -0.6648622
Fifty Two Week Low 0.72
Fifty Two Week Low Change 6.09
Fifty Two Week Low Change Percent 8.458333
Fifty Two Week Range 0.72 - 20.32
Financial Currency USD
First Trade Date Milliseconds 1,277,127,000,000
Float Shares 4,859,007
Forward Eps -1.93
Forward P E -3.5284975
Free Cashflow -3,963,407
Full Exchange Name NasdaqCM
Full Time Employees 17
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.20216
Held Percent Institutions 0.42336
Implied Shares Outstanding 9,633,223
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,759,190,400
Last Split Date 1,696,982,400
Last Split Factor 1:7
Long Business Summary Edesa Biotech, Inc., a clinical-stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of pharmaceutical products for inflammatory and immune-related diseases. It develops EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome; and EB01, a topical vanishing cream containing non-steroidal anti-inflammatory compound that has completed Phase 3 clinical study to treat chronic allergic contact dermatitis. The company develops EB07, a monoclonal antibody, which is in a Phase 2 clinical study for the treatment of pulmonary fibrosis; and EB06, a human monoclonal antibody candidate that binds to chemokine ligand 10 (CXCL10) and inhibits the interaction of CXCL10 with its receptors, CXCR3A, and CXCR3B. It has a collaboration agreement with NovImmune SA to develop monoclonal antibodies targeting products containing toll-like receptor 4 and CXCL10 for therapeutic, prophylactic, and diagnostic applications in humans and animals; and Yissum Research Development Company for the development of products for therapeutic, prophylactic, and diagnostic uses in topical dermal and anorectal applications, as well as for the use in dermatologic and gastrointestinal conditions. The company was founded in 2015 and is headquartered in Markham, Canada.
Long Name Edesa Biotech, Inc.
Market us_market
Market Cap 65,602,248
Market State PRE
Max Age 86,400
Message Board Id finmb_313039720
Most Recent Quarter 1,774,915,200
Net Income To Common -10,443,823
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 67,528,893
Number Of Analyst Opinions 3
Open 7.19
Operating Cashflow -7,525,717
Operating Margins 0.0
Payout Ratio 0.0
Phone 289 800 9600
Pre Market Change 0.03999996
Pre Market Change Percent 0.58737093
Pre Market Price 6.85
Pre Market Time 1,784,016,062
Previous Close 7.01
Price Hint 2
Price To Book 33.219513
Profit Margins 0.0
Quick Ratio 4.671
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.2
Regular Market Change Percent -2.85307
Regular Market Day High 7.1999
Regular Market Day Low 6.7
Regular Market Day Range 6.7 - 7.1999
Regular Market Open 7.19
Regular Market Previous Close 7.01
Regular Market Price 6.81
Regular Market Time 1,783,972,800
Regular Market Volume 37,908
Return On Assets -0.47732
Return On Equity -0.8116
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 9,633,223
Shares Percent Shares Out 0.0294
Shares Short 283,230
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 238,707
Short Name Edesa Biotech, Inc.
Short Percent Of Float 0.0317
Short Ratio 1.24
Source Interval 15
State ON
Symbol EDSA
Target High Price 21.0
Target Low Price 9.0
Target Mean Price 16.33333
Target Median Price 19.0
Total Cash 10,003,683
Total Cash Per Share 1.125
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.26
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.6657
Two Hundred Day Average Change 2.1443
Two Hundred Day Average Change Percent 0.45958805
Type Disp Equity
Volume 37,908
Website https://www.edesabiotech.com
Zip L3R 5H6