KDA Group (CVE:KDA) Trading 20% Higher – Here’s What Happened

KDA Group Inc. (CVE:KDA)’s share price rose 20% on Friday . The stock traded as high as C$0.23 and last traded at C$0.21. Approximately 100,079 shares were traded 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 Stock Up 20.0%

The business has a 50 day simple moving average of C$0.22 and a 200 day simple moving average of C$0.25. 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. The company has a debt-to-equity ratio of 7.36, a current ratio of 2.10 and a quick ratio of 0.35.

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. 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.