KDA Group (CVE:KDA) Stock Price Down 15% – Here’s What Happened

KDA Group Inc. (CVE:KDA) traded down 15% during mid-day trading on Friday . The stock traded as low as C$0.17 and last traded at C$0.17. 101,971 shares changed hands during trading, an increase of 6% from the average session volume of 95,808 shares. The stock had previously closed at C$0.20.

KDA Group Trading Down 10.0%

The company has a market cap of C$33.25 million, a PE ratio of -4.36 and a beta of 0.40. The stock has a 50 day moving average price of C$0.24 and a 200 day moving average price of C$0.26. The company has a current ratio of 2.10, a quick ratio of 0.35 and a debt-to-equity ratio of 7.36.

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.