Kanabo Group (LON:KNB) Trading Down 2.2%

Kanabo Group Plc (LON:KNBGet Rating)’s share price traded down 2.2% during mid-day trading on Monday . The company traded as low as GBX 2.20 ($0.03) and last traded at GBX 2.20 ($0.03). 1,038,499 shares were traded during mid-day trading, an increase of 38% from the average session volume of 754,706 shares. The stock had previously closed at GBX 2.25 ($0.03).

Kanabo Group Stock Performance

The company has a quick ratio of 24.36, a current ratio of 24.60 and a debt-to-equity ratio of 4.62. The stock’s fifty day simple moving average is GBX 2.46 and its 200-day simple moving average is GBX 2.99. The company has a market capitalization of £9.30 million and a PE ratio of -1.69.

About Kanabo Group

(Get Rating)

Kanabo Group Plc develops and distributes cannabis-derived products for medical patients. It also offers non- tetrahydrocannabinol products for cannabidiol consumers. The company offers its products under the Kanabo brand name. Kanabo Group Plc was founded in 2016 and is based in London, the United Kingdom.

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