KDA Group (CVE:KDA) Trading Down 28.6% – Here’s Why
by Mitch Edgeman · The Markets DailyShares of KDA Group Inc. (CVE:KDA – Get Free Report) dropped 28.6% during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 179,961 shares changed hands during mid-day trading, an increase of 102% from the average session volume of 89,126 shares. The stock had previously closed at C$0.10.
KDA Group Trading Down 28.6%
The stock has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.10. The firm has a market capitalization of C$17.63 million, a P/E ratio of -2.50 and a beta of -0.30. The company has a current ratio of 2.10, a quick ratio of 0.35 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.