KDA Group (CVE:KDA) Trading Down 1.8% – Here’s What Happened

KDA Group Inc. (CVE:KDA) dropped 1.8% on Friday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 216,900 shares were traded 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 debt-to-equity ratio of 7.36, a current ratio of 2.10 and a quick ratio of 0.35. The stock has a market capitalization of C$48.24 million, a price-to-earnings ratio of -7.50 and a beta of 1.24. The stock has a 50 day moving average price of C$0.25 and a 200-day moving average price of C$0.27.

Insiders Place Their Bets

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