Devonian Health Group (CVE:GSD) Shares Down 1.6% – Time to Sell?

Shares of Devonian Health Group Inc. (CVE:GSDGet Free Report) dropped 1.6% during mid-day trading on Thursday . The stock traded as low as C$8.01 and last traded at C$8.01. 1,419 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 1,212 shares. The stock had previously closed at C$8.14.

Devonian Health Group Price Performance

The company has a quick ratio of 7.82, a current ratio of 1.07 and a debt-to-equity ratio of 16.36. The stock has a market capitalization of C$22.28 million, a price-to-earnings ratio of -2.31 and a beta of 0.46. The company’s 50-day simple moving average is C$10.67 and its 200 day simple moving average is C$11.40.

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. In addition, the company acquires drug and health product licenses; and distributes pharmaceutical products.

Read More

Receive News & Ratings for Devonian Health Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Devonian Health Group and related companies with MarketBeat.com's FREE daily email newsletter.