KDA Group (CVE:KDA) Shares Down 17.2%

KDA Group Inc. (CVE:KDA) shares dropped 17.2% during mid-day trading on Wednesday . The company traded as low as C$0.24 and last traded at C$0.24. Approximately 120,500 shares traded hands during mid-day trading, an increase of 50% from the average daily volume of 80,313 shares. The stock had previously closed at C$0.29.

KDA Group Stock Up 3.8 %

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 firm has a 50 day simple moving average of C$0.26 and a 200-day simple moving average of C$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 1.23.

Insider Activity at KDA Group

In related news, insider Tenshi Life Sciences Pte. Limited sold 458,500 shares of the company’s stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of C$0.30, for a total transaction of C$137,550.00. Insiders sold 720,500 shares of company stock valued at $216,956 in the last ninety days. Insiders own 25.51% of the company’s stock.

KDA Group Company Profile

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.