Kanabo Group (LON:KNB) Hits New 12-Month Low – Should You Sell?

by · The Markets Daily

Kanabo Group Plc (LON:KNB – Get Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.81 ($0.01), with a volume of 72889 shares changing hands. The stock had previously closed at GBX 0.90 ($0.01).

Kanabo Group Price Performance

The company has a debt-to-equity ratio of 3.49, a current ratio of 2.78 and a quick ratio of 24.36. The stock has a market capitalization of £5.09 million, a PE ratio of -80.50 and a beta of 3.04. The company has a 50-day moving average of GBX 0.97 and a two-hundred day moving average of GBX 1.18.

About Kanabo Group

(Get Free Report)

Kanabo Group Plc, a digital health company, engages in the research, development and commercialization of cannabis-derived formulations and therapeutic inhalation devices. It operates through Primary Care and Secondary Care segments. The company offers The GP Service, an online telehealth platform, that provides patients with video consultations, online prescriptions, and primary care services; and operates Treat It, an online clinic focused on management of chronic pain.

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