Kingdee International Software Group (OTCMKTS:KGDEY) Shares Gap Down – What’s Next?

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $193.71, but opened at $176.66. Kingdee International Software Group shares last traded at $176.43, with a volume of 3 shares.

Analysts Set New Price Targets

Separately, Hsbc Global Res raised shares of Kingdee International Software Group to a “strong-buy” rating in a research report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Get Our Latest Stock Report on KGDEY

Kingdee International Software Group Stock Down 11.0%

The company has a 50 day moving average of $198.84 and a 200 day moving average of $190.64.

About Kingdee International Software Group

(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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