KDA Group (CVE:KDA) Trading Up 20% – Here’s Why

KDA Group Inc. (CVE:KDA) shot up 20% during trading on Friday . The company traded as high as C$0.23 and last traded at C$0.21. 100,079 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 89,022 shares. The stock had previously closed at C$0.18.

KDA Group Price Performance

The company has a market capitalization of C$40.83 million, a PE ratio of -5.09 and a beta of 0.21. The company has a debt-to-equity ratio of 7.36, a quick ratio of 0.35 and a current ratio of 2.10. The stock has a 50 day moving average price of C$0.22 and a two-hundred day moving average price of C$0.25.

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.