Devonian Health Group (CVE:GSD) Sets New 12-Month High – Time to Buy?

Devonian Health Group Inc. (CVE:GSDGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as C$11.40 and last traded at C$0.19, with a volume of 151642 shares trading hands. The stock had previously closed at C$0.19.

Devonian Health Group Price Performance

The company has a market capitalization of C$31.53 million, a P/E ratio of -4.13 and a beta of 0.91. 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 company has a 50 day moving average of C$0.20 and a 200-day moving average of C$0.18.

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.

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