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

Kanabo Group Plc (LON:KNBGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.85 ($0.01) and last traded at GBX 0.85 ($0.01), with a volume of 315218 shares. The stock had previously closed at GBX 1 ($0.01).

Kanabo Group Price Performance

The firm has a market cap of £5.38 million, a PE ratio of -85.00 and a beta of 3.04. 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 firm has a 50-day simple moving average of GBX 1.06 and a 200 day simple moving average of GBX 1.27.

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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