KDA Group (CVE:KDA) Trading 20% Higher – Should You Buy?

KDA Group Inc. (CVE:KDA) shot up 20% during trading on Thursday . The stock traded as high as C$0.23 and last traded at C$0.21. 100,079 shares were traded during mid-day trading, an increase of 12% from the average session volume of 89,022 shares. The stock had previously closed at C$0.18.

KDA Group Stock Up 20.0%

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 firm’s 50-day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.25. The company has a market capitalization of C$40.83 million, a price-to-earnings ratio of -5.09 and a beta of 0.21.

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.