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

Kanabo Group Plc (LON:KNBGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 0.92 ($0.01) and last traded at GBX 0.92 ($0.01), with a volume of 217090 shares. The stock had previously closed at GBX 1.06 ($0.01).

Kanabo Group Trading Down 13.2 %

The stock has a market capitalization of £5.82 million, a PE ratio of -92.00 and a beta of 3.04. The company has a debt-to-equity ratio of 3.49, a quick ratio of 24.36 and a current ratio of 2.78. The business’s 50-day moving average is GBX 1.18 and its two-hundred day moving average is GBX 1.42.

Insider Activity

In other Kanabo Group news, insider Ian Mattioli purchased 150,000 shares of Kanabo Group stock in a transaction dated Tuesday, August 27th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £1,500 ($1,947.55). Insiders own 37.01% of the company’s stock.

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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