Kingdee International Software Group (OTCMKTS:KGDEY) Shares Gap Up – Time to Buy?

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEYGet Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $177.42, but opened at $198.28. Kingdee International Software Group shares last traded at $198.28, with a volume of 2 shares trading hands.

Analysts Set New Price Targets

Separately, Hsbc Global Res upgraded Kingdee International Software Group to a “strong-buy” rating in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has an average rating of “Strong Buy”.

Check Out Our Latest Report on KGDEY

Kingdee International Software Group Price Performance

The firm has a 50-day moving average price of $199.33 and a 200 day moving average price of $190.15.

Kingdee International Software Group Company Profile

(Get Free Report)

Kingdee International Software Group Company Limited, an investment holding company, engages in the enterprise resource planning business. The company operates through ERP Business and Others, Cloud Services Business, and Investment Properties Operating Business segments. The ERP Business and Others segment sells software and hardware products; and provides software solution consulting, maintenance, upgrade, and other supporting services, as well as software implementation services.

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