Devonian Health Group (CVE:GSD) Stock Price Down 18.2% – Time to Sell?

Devonian Health Group Inc. (CVE:GSDGet Free Report)’s stock price fell 18.2% during trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.18. 7,500 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 18,857 shares. The stock had previously closed at C$0.22.

Devonian Health Group Price Performance

The company has a current ratio of 1.07, a quick ratio of 7.82 and a debt-to-equity ratio of 16.36. The firm’s 50-day moving average price is C$0.22 and its two-hundred day moving average price is C$0.18. The stock has a market cap of C$26.68 million, a PE ratio of -9.00 and a beta of 1.28.

About Devonian Health Group

(Get Free Report)

Devonian Health Group Inc engages in the development of botanical drugs. Its lead product candidate is Thykamine, completed Phase IIa clinical trial product for the treatment of ulcerative colitis and atopic dermatitis. The company also develops Pantoprazole Magnesium for the treatment of gastric; Cleo-35 for the treatment of hormonal acne in women; and value-added products for dermo-cosmetics.

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