KDA Group (CVE:KDA) Stock Price Up 15.4% – Here’s Why

KDA Group Inc. (CVE:KDA) was up 15.4% during mid-day trading on Tuesday . The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 200,600 shares changed hands during mid-day trading, an increase of 51% from the average daily volume of 132,667 shares. The stock had previously closed at C$0.26.

KDA Group Stock Down 5.4 %

The company has a debt-to-equity ratio of 7.36, a current ratio of 2.10 and a quick ratio of 0.35. The company has a 50-day simple moving average of C$0.26 and a 200-day simple moving average of C$0.26. The firm has a market cap of C$46.48 million, a PE ratio of -7.50 and a beta of 1.24.

Insiders Place Their Bets

In other KDA Group news, insider Tenshi Life Sciences Pte. Limited sold 529,500 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of C$0.30, for a total transaction of C$158,850.00. Insiders have sold a total of 712,000 shares of company stock worth $213,600 over the last quarter. Company insiders own 25.51% of the company’s stock.

KDA Group Company Profile

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.