KDA Group (CVE:KDA) Trading Up 3.8% – Here’s Why

KDA Group Inc. (CVE:KDA)’s share price was up 3.8% during mid-day trading on Friday . The company traded as high as C$0.27 and last traded at C$0.27. Approximately 90,500 shares changed hands during mid-day trading, an increase of 41% from the average daily volume of 64,126 shares. The stock had previously closed at C$0.26.

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 stock has a 50-day simple moving average of C$0.27 and a 200-day simple moving average of C$0.26. The stock has a market cap of C$51.74 million, a P/E ratio of -7.50 and a beta of 1.24.

Insider Buying and Selling at KDA Group

In other news, insider Tenshi Life Sciences Pte. Limited sold 529,500 shares of KDA Group stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of C$0.30, for a total transaction of C$158,850.00. Company insiders own 25.51% of the company’s stock.

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.