Kanabo Group Plc (LON:KNB – Get Free Report) was down 5.9% on Thursday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.60 ($0.02). 702,201 shares traded hands during mid-day trading, an increase of 14% from the average daily volume of 614,729 shares. The stock had previously closed at GBX 1.70 ($0.02).
Kanabo Group Price Performance
The firm has a 50-day moving average of GBX 1.72 and a 200-day moving average of GBX 1.70. The company has a debt-to-equity ratio of 3.63, a quick ratio of 24.36 and a current ratio of 5.04. The firm has a market capitalization of £10.12 million, a P/E ratio of -160.00 and a beta of 3.15.
About Kanabo Group
Kanabo Group Plc engages in the development and distribution of cannabis-derived solutions for medical and wellness products. It operates through Primary Care and Secondary Care segments. The company offers non- tetrahydrocannabinol products for cannabidiol consumers. It also provides cultivation consultancy, research and development, and telemedicine and tele pharma services, as well as develops and distributes formulations; operates ecommerce platform, the Kanabo Store; and operates Treat It, an online clinic that provides mental health treatments.
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