KDA Group (CVE:KDA) Sets New 52-Week Low – Here’s Why

KDA Group Inc. (CVE:KDA) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.13 and last traded at C$0.15, with a volume of 811900 shares changing hands. The stock had previously closed at C$0.18.

KDA Group Stock Down 14.3%

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 firm has a market capitalization of C$29.17 million, a P/E ratio of -3.64 and a beta of 0.21. The firm’s fifty day moving average price is C$0.22 and its 200-day moving average price is C$0.24.

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.