Kanabo Group (LON:KNB) Sets New 52-Week Low – What’s Next?

Kanabo Group Plc (LON:KNBGet Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.81 ($0.01), with a volume of 310551 shares changing hands. The stock had previously closed at GBX 0.90 ($0.01).

Kanabo Group Trading Down 11.1 %

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 cap of £5.06 million, a P/E ratio of -80.00 and a beta of 3.04. The firm’s fifty day moving average price is GBX 0.98 and its two-hundred day moving average price is GBX 1.19.

About Kanabo Group

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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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