Kane Biotech Inc. (CVE:KNE – Get Free Report)’s stock price fell 23.1% during trading on Saturday . The company traded as low as C$0.05 and last traded at C$0.05. 159,625 shares were traded during trading, an increase of 120% from the average session volume of 72,560 shares. The stock had previously closed at C$0.07.
Kane Biotech Stock Down 23.1%
The stock’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.10. The company has a current ratio of 0.80, a quick ratio of 0.39 and a debt-to-equity ratio of -331.42. The company has a market capitalization of C$7.20 million, a P/E ratio of 1.25 and a beta of 0.52.
Kane Biotech Company Profile
Kane Biotech Inc, a biotechnology company, engages in the research, development, and commercialization of technologies and products that prevent and remove microbial biofilms in Canada and internationally. The company develops its products using coactiv+ technology, an antimicrobial wound gel platform; and DispersinB technology, a naturally occurring enzyme that cleaves the bacterial surface polysaccharide poly-b-1, 6-N-acetylglucosamine for treating wounds and otic infections.
Recommended Stories
- Five stocks we like better than Kane Biotech
- How to Invest in Small Cap Stocks
- Five Below Pops on Strong Earnings, But Rally May Stall
- Business Services Stocks Investing
- Intel’s Dual Gamble: AI Innovation Now, Foundry Fortunes Later?
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- X: 1 Reason to Bet on U.S. Steel, and 1 Reason to Hold Back
Receive News & Ratings for Kane Biotech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kane Biotech and related companies with MarketBeat.com's FREE daily email newsletter.
