KDA Group (CVE:KDA) Stock Price Down 13.6% – Here’s Why

KDA Group Inc. (CVE:KDAGet Free Report) shares traded down 13.6% during trading on Thursday . The company traded as low as C$0.19 and last traded at C$0.19. 505,692 shares were traded during mid-day trading, an increase of 383% from the average session volume of 104,786 shares. The stock had previously closed at C$0.22.

KDA Group Stock Performance

The company has a debt-to-equity ratio of 7.36, a current ratio of 2.10 and a quick ratio of 0.35. The company has a market cap of C$35.09 million, a price-to-earnings ratio of -4.61 and a beta of 0.40. The firm has a 50 day simple moving average of C$0.24 and a 200-day simple moving average of C$0.26.

About KDA Group

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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.

Further Reading

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