Kanabo Group Plc (LON:KNB – Get Free Report)’s stock price traded up 14.7% during trading on Wednesday . The company traded as high as GBX 1.95 ($0.02) and last traded at GBX 1.95 ($0.02). 84,450 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 654,062 shares. The stock had previously closed at GBX 1.70 ($0.02).
Kanabo Group Price Performance
The company has a debt-to-equity ratio of 4.28, a current ratio of 8.09 and a quick ratio of 24.36. The company has a market capitalization of £10.75 million, a PE ratio of -170.00 and a beta of 3.22. The business has a 50-day moving average of GBX 1.72 and a 200 day moving average of GBX 1.66.
About Kanabo Group
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; and operates ecommerce platform, the Kanabo Store.
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