KDA Group (CVE:KDA) Shares Up 9.1% – Here’s Why

KDA Group Inc. (CVE:KDA) was up 9.1% during mid-day trading on Friday. The company traded as high as C$0.07 and last traded at C$0.06. Approximately 161,000 shares were traded during trading, an increase of 82% from the average daily volume of 88,574 shares. The stock had previously closed at C$0.06.

KDA Group Trading Up 9.1%

The firm has a market cap of C$12.00 million, a P/E ratio of -2.00 and a beta of 0.04. The business’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.10. 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.