Kane Biotech Inc. (CVE:KNE) Director Philip Renaud Sells 2,000,000 Shares of Stock

Kane Biotech Inc. (CVE:KNEGet Free Report) Director Philip Renaud sold 2,000,000 shares of the business’s stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of C$0.13, for a total transaction of C$260,000.00.

Kane Biotech Price Performance

Shares of CVE:KNE opened at C$0.14 on Tuesday. The company has a quick ratio of 0.39, a current ratio of 0.37 and a debt-to-equity ratio of 1,164.24. The company has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.09. Kane Biotech Inc. has a 52 week low of C$0.05 and a 52 week high of C$0.17. The company has a market cap of C$18.46 million, a P/E ratio of -4.67 and a beta of 0.56.

Kane Biotech (CVE:KNEGet Free Report) last posted its quarterly earnings results on Tuesday, March 26th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$0.04 million during the quarter.

About Kane Biotech

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Kane Biotech Inc, a biotechnology company, engages in the research, development, and commercialization of technologies and products that prevent and remove microbial biofilms in Canada and internationally. The company develops pet oral care products under the StrixNB and bluestem brands; and animal and human wound care solutions under the DispersinB name.

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