KDA Group (CVE:KDA) Shares Down 1.8% – Time to Sell?

KDA Group Inc. (CVE:KDA)’s stock price traded down 1.8% on Friday . The stock traded as low as C$0.27 and last traded at C$0.27. 55,176 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 86,302 shares. The stock had previously closed at C$0.28.

KDA Group Stock Down 1.8 %

The firm has a 50 day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.27. 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 cap of C$47.36 million, a price-to-earnings ratio of -7.50 and a beta of 1.24.

Insiders Place Their Bets

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