Devonian Health Group Inc. (CVE:GSD – Get Free Report)’s share price dropped 8.4% during trading on Thursday. The stock traded as low as C$8.20 and last traded at C$8.20. 2,207 shares were traded during mid-day trading, an increase of 33% from the average session volume of 1,662 shares. The stock had previously closed at C$8.95.
Devonian Health Group Price Performance
The company has a 50-day moving average of C$9.09 and a two-hundred day moving average of C$9.99. The company has a debt-to-equity ratio of 16.36, a current ratio of 1.07 and a quick ratio of 7.82. The stock has a market capitalization of C$22.80 million, a PE ratio of -3.64 and a beta of 0.03.
About Devonian Health Group
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. In addition, the company acquires drug and health product licenses; and distributes pharmaceutical products.
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