Kanabo Group Plc (LON:KNB) Insider Buys £1,500 in Stock

Kanabo Group Plc (LON:KNB) insider Ian Mattioli purchased 150,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were bought at an average price of GBX 1 ($0.01) per share, for a total transaction of £1,500 ($1,978.11).

Kanabo Group Trading Down 4.0 %

LON KNB traded down GBX 0.05 ($0.00) on Wednesday, hitting GBX 1.20 ($0.02). 177,552 shares of the stock were exchanged, compared to its average volume of 492,916. Kanabo Group Plc has a 52-week low of GBX 0.92 ($0.01) and a 52-week high of GBX 3.20 ($0.04). The firm has a market capitalization of £7.59 million, a P/E ratio of -110.00 and a beta of 3.04. The company has a debt-to-equity ratio of 3.63, a quick ratio of 24.36 and a current ratio of 5.04. The stock has a fifty day moving average price of GBX 1.30 and a two-hundred day moving average price of GBX 1.55.

Kanabo Group Company Profile

Kanabo Group Plc engages in the development and distribution of cannabis-derived solutions for medical and wellness products. It operates through Primary Care and Secondary Care segments. The company offers non- tetrahydrocannabinol products for cannabidiol consumers. It also provides cultivation consultancy, research and development, and telemedicine and tele pharma services, as well as develops and distributes formulations; operates ecommerce platform, the Kanabo Store; and operates Treat It, an online clinic that provides mental health treatments.