Devonian Health Group (CVE:GSD) Stock Price Up 0.3% – Still a Buy?

Devonian Health Group Inc. (CVE:GSDGet Free Report)’s stock price traded up 0.3% during mid-day trading on Wednesday . The stock traded as high as C$9.00 and last traded at C$8.01. 700 shares were traded during mid-day trading, a decline of 55% from the average session volume of 1,550 shares. The stock had previously closed at C$7.99.

Devonian Health Group Trading Up 0.3%

The firm has a market capitalization of C$22.28 million, a P/E ratio of -3.56 and a beta of 0.03. 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 stock has a 50 day simple moving average of C$8.84 and a 200-day simple moving average of C$10.47.

Devonian Health Group Company Profile

(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. In addition, the company acquires drug and health product licenses; and distributes pharmaceutical products.

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