KDA Group (CVE:KDA) Shares Up 23.5% – Time to Buy?

KDA Group Inc. (CVE:KDA)’s share price was up 23.5% during mid-day trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.21. Approximately 110,750 shares traded 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 Stock Up 23.5%

The firm has a market cap of C$38.79 million, a price-to-earnings ratio of -5.09 and a beta of 0.40. The stock’s 50 day moving average is C$0.23 and its 200 day moving average is C$0.25. The company has a quick ratio of 0.35, a current ratio of 2.10 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.