Kanabo Group (LON:KNB) Sets New 52-Week Low – Time to Sell?

Kanabo Group Plc (LON:KNBGet Free Report) shares hit a new 52-week low on Monday . The company traded as low as GBX 0.90 ($0.01) and last traded at GBX 1 ($0.01), with a volume of 275477 shares changing hands. The stock had previously closed at GBX 1.10 ($0.01).

Kanabo Group Stock Down 5.3 %

The business’s 50-day moving average price is GBX 1.07 and its 200-day moving average price is GBX 1.29. The firm has a market capitalization of £5.69 million, a PE ratio of -90.00 and a beta of 3.04. The company has a quick ratio of 24.36, a current ratio of 2.78 and a debt-to-equity ratio of 3.49.

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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