Kingdee International Software Group (OTCMKTS:KGDEY) Shares Gap Up – Here’s Why
by Mitch Edgeman · The Markets DailyKingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY – Get Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $164.30, but opened at $188.14. Kingdee International Software Group shares last traded at $188.50, with a volume of 34 shares.
Analysts Set New Price Targets
Separately, Hsbc Global Res raised Kingdee International Software Group to a “strong-buy” rating in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.
Check Out Our Latest Stock Report on KGDEY
Kingdee International Software Group Trading Up 0.7%
The business has a fifty day moving average price of $179.85 and a 200 day moving average price of $194.23.
Kingdee International Software Group Company Profile
Kingdee International Software Group, trading OTCMKTS: KGDEY, is a leading provider of enterprise management software and cloud services. The company specializes in developing integrated solutions that support financial management, supply chain operations, manufacturing, human capital management and customer relationship functions. Its flagship offerings include on-premise enterprise resource planning (ERP) systems as well as cloud-native SaaS platforms designed for small and medium-sized enterprises (SMEs) and large organizations alike.
Kingdee’s software suite features modular components that enable businesses to automate routine processes, improve data visibility and drive operational efficiency.