KDA Group (CVE:KDA) Shares Up 23.5% – Here’s Why

KDA Group Inc. (CVE:KDA)’s share price rose 23.5% on Saturday . The company traded as high as C$0.22 and last traded at C$0.21. Approximately 110,750 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 96,703 shares. The stock had previously closed at C$0.17.

KDA Group Stock Up 23.5%

The stock has a fifty day moving average price of C$0.23 and a 200 day moving average price of C$0.25. 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 stock has a market capitalization of C$38.79 million, a P/E ratio of -5.09 and a beta of 0.40.

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.