KDA Group (CVE:KDA) Trading 20% Higher – What’s Next?

KDA Group Inc. (CVE:KDA)’s stock price was up 20% during trading on Friday . The stock traded as high as C$0.23 and last traded at C$0.21. Approximately 100,079 shares changed hands during mid-day 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 Trading Up 20.0%

The stock has a market capitalization of C$40.83 million, a P/E ratio of -5.09 and a beta of 0.21. The stock’s 50 day moving average price is C$0.22 and its 200-day moving average price is C$0.25. The company has a quick ratio of 0.35, a current ratio of 2.10 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.