Kanabo Group (LON:KNB) Reaches New 12-Month Low – Here’s Why

Kanabo Group Plc (LON:KNBGet Free Report)’s share price reached a new 52-week low during mid-day 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 trading hands. The stock had previously closed at GBX 0.90 ($0.01).

Kanabo Group Trading Down 10.6 %

The stock has a 50 day simple moving average of GBX 0.99 and a 200-day simple moving average of GBX 1.20. The firm has a market capitalization of £5.09 million, a P/E ratio of -80.50 and a beta of 3.04. The company has a current ratio of 2.78, a quick ratio of 24.36 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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