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

KDA Group Inc. (CVE:KDA)’s share price 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 traded 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 Trading Down 1.8 %

The company has a quick ratio of 0.35, a current ratio of 2.10 and a debt-to-equity ratio of 7.36. The business has a 50-day simple moving average of C$0.25 and a 200-day simple moving average of C$0.27. The company has a market cap of C$48.24 million, a PE ratio of -7.50 and a beta of 1.24.

Insiders Place Their Bets

In other news, insider Tenshi Life Sciences Pte. Limited sold 153,500 shares of the company’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 424,000 shares of company stock worth $127,200 over the last three months. 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.