KDA Group (CVE:KDA) Stock Price Down 25% – Here’s Why

KDA Group Inc. (CVE:KDA)’s share price fell 25% during mid-day trading on Monday . The stock traded as low as C$0.16 and last traded at C$0.18. 328,203 shares traded hands during mid-day trading, an increase of 251% from the average session volume of 93,617 shares. The stock had previously closed at C$0.24.

KDA Group Trading Up 6.7%

The company has a debt-to-equity ratio of 7.36, a quick ratio of 0.35 and a current ratio of 2.10. The company’s 50 day moving average is C$0.21 and its 200 day moving average is C$0.24. The stock has a market capitalization of C$31.11 million, a price-to-earnings ratio of -3.88 and a beta of 0.21.

About KDA Group

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.