Devonian Health Group (CVE:GSD) Hits New 12-Month High – Should You Buy?

Devonian Health Group Inc. (CVE:GSDGet Free Report)’s stock price reached a new 52-week high 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 stock has a market capitalization of C$1.91 billion, a price-to-earnings ratio of -250.00 and a beta of 0.91. The company has a current ratio of 1.07, a quick ratio of 7.82 and a debt-to-equity ratio of 16.36. The stock has a 50-day simple moving average of C$0.42 and a 200 day simple moving average of C$0.26.

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

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