
Why Is Edesa Biotech, Inc. (NASDAQ: EDSA) Stock Up Today?
Live update on EDSA's movement on the NASDAQ, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Edesa Biotech, Inc. (NASDAQ: EDSA) Update
Edesa Biotech, Inc. (NASDAQ: EDSA) Summary
Edesa Biotech, Inc. (NASDAQ: EDSA) is trading up +16.36% at $2.49, reflecting a positive shift in investor sentiment today. The stock opened at $3.47 and has moved between $2.37 and $3.93 so far.
Trading volume is 83611427, which is 145514% above its average, and the price action suggests buying interest.
Technically, EDSA on the NASDAQ is trading below its 50-day moving average of $3.54 and below its 200-day moving average of $5.68, indicating short-term and long-term weakness.
Meyka's AI assigns EDSA a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +1.61% in 1 month ($2.53), +248.07% in 1 year ($8.67), and +721.30% in 5 years ($20.45).
See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
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EDSA (NASDAQ) Technical Signals
Trading below 50-day moving average ($3.54)
Trading below 200-day moving average ($5.68)
Price Forecast
1 Month
$2.53
1 Year
$8.67
3 Years
$14.60
5 Years
$20.45
Is this change significant?
5-Day:+4.62%
1-Month:-29.06%
3-Month:-52.75%
What's next?
Next earnings date: 7/30/2025