Devonian Health Group (CVE:GSD) Shares Down 23.5% – Time to Sell?

Devonian Health Group Inc. (CVE:GSDGet Free Report)’s share price fell 23.5% on Saturday . The company traded as low as C$0.09 and last traded at C$0.13. 119,000 shares changed hands during trading, an increase of 588% from the average session volume of 17,288 shares. The stock had previously closed at C$0.17.

Devonian Health Group Trading Down 23.5%

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 company has a market cap of C$19.27 million, a PE ratio of -4.64 and a beta of 0.67. The business has a 50 day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.17.

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.

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