KDA Group (CVE:KDA) Trading 23.5% Higher – Here’s Why

KDA Group Inc. (CVE:KDA)’s stock price rose 23.5% during trading on Saturday . The stock traded as high as C$0.22 and last traded at C$0.21. Approximately 110,750 shares were traded 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 Price Performance

The stock has a fifty day simple moving average of C$0.23 and a 200-day simple moving average of C$0.25. The company 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.

About KDA Group

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.