KDA Group (CVE:KDA) Shares Up 23.5% – Should You Buy?

KDA Group Inc. (CVE:KDA) shot up 23.5% during trading on Saturday . The company traded as high as C$0.22 and last traded at C$0.21. 110,750 shares traded hands during trading, an increase of 15% from the average session volume of 96,703 shares. The stock had previously closed at C$0.17.

KDA Group Stock Performance

The firm has a market cap of C$38.79 million, a P/E ratio of -5.09 and a beta of 0.40. The firm’s fifty day moving average price is C$0.23 and its 200 day moving average price is C$0.25. The company has a debt-to-equity ratio of 7.36, a quick ratio of 0.35 and a current ratio of 2.10.

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.