KDA Group (CVE:KDA) Stock Price Down 25% – What’s Next?

Shares of KDA Group Inc. (CVE:KDA) dropped 25% during mid-day trading on Monday . The stock traded as low as C$0.16 and last traded at C$0.18. Approximately 328,203 shares were traded during mid-day trading, an increase of 251% from the average daily volume of 93,617 shares. The stock had previously closed at C$0.24.

KDA Group Stock Down 27.1%

The company has a market capitalization of C$34.03 million, a PE ratio of -4.24 and a beta of 0.21. The stock’s fifty day moving average is C$0.22 and its two-hundred day moving average is C$0.24. 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.