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

KDA Group Inc. (CVE:KDA) shares were up 23.5% on Friday . The company traded as high as C$0.22 and last traded at C$0.21. Approximately 110,750 shares changed hands 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 Trading Up 23.5%

The stock’s 50 day simple moving average is C$0.23 and its 200 day simple moving average is C$0.25. The firm has a market cap of C$38.79 million, a PE ratio of -5.09 and a beta of 0.40. 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.