KDA Group (CVE:KDA) Shares Up 20% – Here’s What Happened

KDA Group Inc. (CVE:KDA)’s share price was up 20% on Thursday . The stock traded as high as C$0.23 and last traded at C$0.21. Approximately 100,079 shares traded hands during trading, an increase of 12% from the average daily volume of 89,022 shares. The stock had previously closed at C$0.18.

KDA Group Price Performance

The company has a 50-day moving average price of C$0.22 and a 200-day moving average price of C$0.25. The company has a debt-to-equity ratio of 7.36, a quick ratio of 0.35 and a current ratio of 2.10. The company has a market capitalization of C$40.83 million, a price-to-earnings ratio of -5.09 and a beta of 0.21.

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.