Kanabo Group (LON:KNB) Shares Down 5.3% – Should You Sell?

Kanabo Group Plc (LON:KNBGet Free Report) traded down 5.3% on Wednesday . The stock traded as low as GBX 0.90 ($0.01) and last traded at GBX 0.90 ($0.01). 64,657 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 427,623 shares. The stock had previously closed at GBX 0.95 ($0.01).

Kanabo Group Price Performance

The firm has a market capitalization of £6.32 million, a PE ratio of -97.50 and a beta of 3.04. The stock has a 50-day moving average price of GBX 1 and a 200 day moving average price of GBX 1.21. The company has a quick ratio of 24.36, a current ratio of 2.78 and a debt-to-equity ratio of 3.49.

Kanabo Group Company Profile

(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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