Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Edesa Biotech (EDSA) stocks in Canada

Learn how to easily invest in Edesa Biotech stocks.

Edesa Biotech is a biotechnology business based in the US. Edesa Biotech stocks (EDSA.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $5.17 – an increase of 2.16% over the previous week. Edesa Biotech employs 16 staff and has a trailing 12-month revenue of around $500.

How to buy stocks in Edesa Biotech

  1. Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – EDSA – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Edesa Biotech stock price (NASDAQ:EDSA)

Use our graph to track the performance of EDSA stocks over time.

Edesa Biotech shares at a glance

Information last updated 2022-05-19.
Latest market close$1.89
52-week range$1.72 - $12.00
50-day moving average $2.67
200-day moving average $5.00
Wall St. target price$18.00
PE ratio N/A
Dividend yield $0 (0%)
Earnings per share (TTM) $-1.12

Compare stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Name Product Finder Rating Stock Trading Fee Account Fee Available Asset Types Offer
CIBC Investor's Edge
Finder Rating:
4 / 5
$4.95 - $6.95
$0 if conditions met, otherwise $100/year
Stocks, Bonds, Options, Mutual Funds, ETFs
Young investors 18 to 24 can get free online trades and a $0 annual account fee. Conditions apply.
Wealthsimple Trade
Finder Rating:
3.9 / 5
Stocks, ETFs
Get 2 free stocks when you deposit and trade $150.
Scotia iTRADE
Finder Rating:
3.8 / 5
$4.99 - $9.99
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
Interactive Brokers
Finder Rating:
4.1 / 5
Min. $1.00, Max. 0.5%
Stocks, Bonds, Options, ETFs, Currencies, Futures
Finder Rating:
4.2 / 5
$4.95 - $9.95
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
Get $50 in free trades when you fund your account with a minimum of $1,000.
Qtrade Direct Investing
Finder Rating:
4.1 / 5
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
Get $500 in commission free trades when you fund your account with a minimum of $10,000. Conditions apply. Ends August 31st, 2022.

Compare up to 4 providers

Online stock trading

Is it a good time to buy Edesa Biotech stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Edesa Biotech price performance over time

Historical closes compared with the close of $1.89 from 2022-05-19

1 week (2022-05-12) 3.28%
1 month (2022-04-21) -28.41%
3 months (2022-02-17) N/A
6 months (2021-11-19) -71.66%
1 year (2021-05-21) -71.75%
2 years (2020-05-21) -34.83%
3 years (2019-05-21) 85.29%
5 years (2017-05-19) 48.82%

Edesa Biotech financials

Revenue TTM $500
Gross profit TTM $311,200
Return on assets TTM -144.86%
Return on equity TTM -152.31%
Profit margin 0%
Book value $0.78
Market capitalisation $29.5 million

TTM: trailing 12 months

Edesa Biotech share dividends

We're not expecting Edesa Biotech to pay a dividend over the next 12 months.

Have Edesa Biotech's shares ever split?

Edesa Biotech's shares were split on a 1:6 basis on 10 June 2019. So if you had owned 6 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Edesa Biotech shares – just the quantity. However, indirectly, the new 500% higher share price could have impacted the market appetite for Edesa Biotech shares which in turn could have impacted Edesa Biotech's share price.

Edesa Biotech share price volatility

Over the last 12 months, Edesa Biotech's shares have ranged in value from as little as $1.72 up to $12. A popular way to gauge a stock's volatility is its "beta".

EDSA.US volatility(beta: 1.39)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Edesa Biotech's is 1.3932. This would suggest that Edesa Biotech's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Edesa Biotech overview

Edesa Biotech, Inc. , a biopharmaceutical company, engages in acquiring, developing, and commercializing clinical-stage drugs for inflammatory and immune-related diseases with clear unmet medical needs. Its lead product candidates are EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome in covid-19 patients; and EB01, a topical treatment that is in Phase 2B clinical study for chronic allergic contact dermatitis. It has a license agreement with NovImmune SA to develop monoclonal antibodies targeting TLR4 and CXCL10. Edesa Biotech, Inc. was founded in 2015 and is headquartered in Markham, Canada. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site