Kingdee International Software Group (OTCMKTS:KGDEY) Shares Up 3.1% – Here’s What Happened

Kingdee International Software Group Company Limited (OTCMKTS:KGDEY)’s share price rose 3.1% during mid-day trading on Monday . The stock traded as high as $112.12 and last traded at $103.36. Approximately 6 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 131 shares. The stock had previously closed at $100.23.

Wall Street Analysts Forecast Growth

Separately, Dbs Bank upgraded shares of Kingdee International Software Group to a “strong-buy” rating in a research report on Friday, August 16th.

Kingdee International Software Group Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.06 and a current ratio of 1.07. The firm’s 50-day simple moving average is $92.50 and its two-hundred day simple moving average is $94.79.

Kingdee International Software Group Company Profile

Kingdee International Software Group Company Limited, an investment holding company, engages in the enterprise resource planning business. The company operates through ERP Business and Others, Cloud Services Business, and Investment Properties Operating Business segments. The ERP Business and Others segment sells software and hardware products; and provides software solution consulting, maintenance, upgrade, and other supporting services, as well as software implementation services.