Kane Biotech Inc. (CVE:KNE – Get Free Report) was down 13.3% during mid-day trading on Friday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 537,300 shares changed hands during trading, an increase of 855% from the average daily volume of 56,261 shares. The stock had previously closed at C$0.08.
Kane Biotech Price Performance
The stock’s fifty day moving average is C$0.09 and its 200-day moving average is C$0.10. The stock has a market capitalization of C$8.64 million, a PE ratio of 1.50 and a beta of 0.52. The company has a debt-to-equity ratio of -331.42, a current ratio of 0.80 and a quick ratio of 0.39.
About Kane Biotech
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 its products using coactiv+ technology, an antimicrobial wound gel platform; and DispersinB technology, a naturally occurring enzyme that cleaves the bacterial surface polysaccharide poly-b-1, 6-N-acetylglucosamine for treating wounds and otic infections.
Read More
- Five stocks we like better than Kane Biotech
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Top 4 ETFs for China Exposure After Tariff Relief
- 5 discounted opportunities for dividend growth investors
- Build a Complete Bond Portfolio With These 4 ETFs
- What is the S&P/TSX Index?
- MarketBeat Week in Review – 05/12 – 05/16
Receive News & Ratings for Kane Biotech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kane Biotech and related companies with MarketBeat.com's FREE daily email newsletter.
