Kanabo Group (LON:KNB) Trading Down 13%

Kanabo Group Plc (LON:KNBGet Free Report) shares were down 13% during mid-day trading on Friday . The company traded as low as GBX 1 ($0.01) and last traded at GBX 1 ($0.01). Approximately 43,832 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 492,209 shares. The stock had previously closed at GBX 1.15 ($0.01).

Kanabo Group Trading Down 10.9 %

The company has a quick ratio of 24.36, a current ratio of 5.04 and a debt-to-equity ratio of 3.63. The business’s fifty day moving average is GBX 1.36 and its 200 day moving average is GBX 1.60. The stock has a market cap of £6.48 million, a PE ratio of -115.00 and a beta of 3.04.

Kanabo Group Company Profile

(Get Free Report)

Kanabo Group Plc engages in the development and distribution of cannabis-derived solutions for medical and wellness products. It operates through Primary Care and Secondary Care segments. The company offers non- tetrahydrocannabinol products for cannabidiol consumers. It also provides cultivation consultancy, research and development, and telemedicine and tele pharma services, as well as develops and distributes formulations; operates ecommerce platform, the Kanabo Store; and operates Treat It, an online clinic that provides mental health treatments.

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