Devonian Health Group (CVE:GSD) Trading Down 23.5% – Should You Sell?

Devonian Health Group Inc. (CVE:GSDGet Free Report)’s share price fell 23.5% during mid-day trading on Saturday . The stock traded as low as C$0.09 and last traded at C$0.13. 119,000 shares were traded 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 firm’s 50-day moving average price is C$0.16 and its 200-day moving average price is C$0.17. The company has a market cap of C$19.27 million, a price-to-earnings ratio of -4.64 and a beta of 0.67. The company has a debt-to-equity ratio of 16.36, a current ratio of 1.07 and a quick ratio of 7.82.

About Devonian Health Group

(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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