Ketamine One Capital Limited (OTCMKTS:KONEF) Stock Continues to Fall: Down 21% In a Week
Shares of Ketamine One Capital Limited (OTCMKTS:KONEF) continued to move lower on Monday and now down 21% in a week.
Market Stats
On Monday, KONEF stock fell 12.33% to $0.1781 with more than 1.6k shares, compared to its average volume of 1.12k shares. The stock has moved within a range of $0.1781 – 0.6390 after opening trading at $0.6390.
Ketamine One Changes Name to Wellbeing Digital Sciences
Evidence-based healthcare company focusing on innovative clinical solutions, AI-powered digital therapeutics, and contract research, KetamineOne Capital Limited (OTCMKTS:KONEF) on January 24, 2022, announced a change of the name to Wellbeing Digital Sciences Inc.
The company will continue to trade under the stock symbol “MEDI” on the NEO Exchange and the stock symbol “KONEF” on the OTCQB Venture Market beside the symbol “MY0” on the Frankfurt Stock Exchange.
Adam Deffett, Interim CEO of Wellbeing said that the firm is excited about the name change and demonstrates updated branding being aligned better with a multidisciplinary approach, encompassing mental and physical health through pursuit of diverse traditional and novel digital therapeutics.
Wellbeing Digital Sciences focuses on three core pillars: contract research, clinic-based treatments, and health technology. Deffett added that the firm’s mission is to implement innovative and bespoke healthcare offerings to underserved populations
The CEO added that the year will be pivotal for the firm as many of its technology partnerships, network growth initiatives as well as clinical trials will come to fruition. Wellbeing Digital will be focusing on bringing the technology-first approach to psychedelic therapies, operating a network of clinics supporting treatments and research as well as advance integration of wearable technology and artificial intelligence-powered technology partnerships into every patient’s experience.
Key Quote
“We are excited to announce our new name and reveal our updated branding that is better aligned with our multidisciplinary approach, which encompasses mental and physical health through the pursuit of a variety of traditional and novel digital therapeutics. Wellbeing Digital Sciences is a name that acknowledges each one of our three core pillars: clinic-based treatments, contract research and health technology,” said Adam Deffett, Interim CEO of Wellbeing.
Traders Corner
KONEF stock is trading below the 20-Day and 50-Day Moving averages of $0.27 and $0.31 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.77.
