KDA Group (CVE:KDA) Shares Up 20% – What’s Next?

KDA Group Inc. (CVE:KDA) shot up 20% during trading on Friday . The company traded as high as C$0.23 and last traded at C$0.21. 100,079 shares traded hands 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 Performance

The stock has a market cap of C$40.83 million, a PE ratio of -5.09 and a beta of 0.21. The firm has a 50-day moving average price of C$0.22 and a 200-day moving average price of C$0.25. The company has a debt-to-equity ratio of 7.36, a quick ratio of 0.35 and a current ratio of 2.10.

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.