KDA Group (CVE:KDA) Stock Price Down 25% – Time to Sell?

Shares of KDA Group Inc. (CVE:KDA) dropped 25% on Monday . The company traded as low as C$0.16 and last traded at C$0.18. Approximately 328,203 shares were traded during trading, an increase of 251% from the average daily volume of 93,617 shares. The stock had previously closed at C$0.24.

KDA Group Stock Performance

The company has a fifty day moving average price of C$0.22 and a 200 day moving average price of C$0.24. 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 stock has a market cap of C$34.03 million, a P/E ratio of -4.24 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.