KDA Group (CVE:KDA) Shares Down 1.8% – What’s Next?

KDA Group Inc. (CVE:KDA) shares dropped 1.8% during mid-day trading on Friday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 216,900 shares changed hands during mid-day trading, an increase of 162% from the average daily volume of 82,859 shares. The stock had previously closed at C$0.28.

KDA Group Price Performance

The company has a current ratio of 2.10, a quick ratio of 0.35 and a debt-to-equity ratio of 7.36. The firm has a market capitalization of C$48.24 million, a P/E ratio of -7.50 and a beta of 1.24. The company has a 50 day moving average of C$0.25 and a 200-day moving average of C$0.27.

Insider Activity

In other news, insider Tenshi Life Sciences Pte. Limited sold 153,500 shares of KDA Group stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of C$0.30, for a total value of C$46,050.00. Over the last 90 days, insiders sold 424,000 shares of company stock valued at $127,200. 25.51% of the stock is owned by company insiders.

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.