KDA Group (CVE:KDA) Shares Up 23.5% – What’s Next?

Shares of KDA Group Inc. (CVE:KDAGet Free Report) rose 23.5% during mid-day trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.21. Approximately 110,750 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 96,703 shares. The stock had previously closed at C$0.17.

KDA Group Stock Performance

The firm has a market capitalization of C$38.79 million, a PE ratio of -5.09 and a beta of 0.40. The company has a current ratio of 2.10, a quick ratio of 0.35 and a debt-to-equity ratio of 7.36. The business’s 50 day simple moving average is C$0.23 and its two-hundred day simple moving average is C$0.25.

About KDA Group

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KDA Group Inc, together with its subsidiaries, provides solutions and services to pharmacies and pharmaceutical companies in Canada. The company operates through three segments: Pharmacy Services, Pharmaceutical Solutions, and Technology. It provides pharmacy staff replacement services, professional and continued medical training services, pharmacy re-engineering services, and pharmaceutical training services. The company also offers PREDICTIVE e-Prescriber software for assisting doctors; and KRx, a cloud-based solution that analyzes each user's prescription pattern and displays the appropriate expected medication.

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