KDA Group (CVE:KDA) Trading Down 17.2%

KDA Group Inc. (CVE:KDA) shares dropped 17.2% during mid-day trading on Wednesday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 120,500 shares traded hands during 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 Trading Down 12.1 %

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 market cap of C$44.73 million, a PE ratio of -7.50 and a beta of 1.23. The company’s 50 day moving average price is C$0.26 and its 200 day moving average price is C$0.35.

Insiders Place Their Bets

In other KDA Group news, insider Tenshi Life Sciences Pte. Limited sold 160,500 shares of the stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of C$0.30, for a total value of C$48,150.00. Insiders sold a total of 720,500 shares of company stock worth $216,956 over the last 90 days. 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.