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

Devonian Health Group Inc. (CVE:GSDGet Free Report)’s stock price fell 23.5% on Saturday . The stock traded as low as C$0.09 and last traded at C$0.13. 119,000 shares traded hands during mid-day 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 Stock Down 23.5%

The company’s 50 day moving average price is C$0.16 and its two-hundred day moving average price is C$0.17. 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 market cap of C$19.27 million, a P/E ratio of -4.64 and a beta of 0.67.

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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