Kingdee International Software Group (OTCMKTS:KGDEY) Trading Up 7.8% – Here’s What Happened

Kingdee International Software Group Company Limited (OTCMKTS:KGDEY)’s stock price shot up 7.8% on Monday . The stock traded as high as $114.05 and last traded at $114.05. 2 shares traded hands during trading, a decline of 98% from the average session volume of 130 shares. The stock had previously closed at $105.84.

Analysts Set New Price Targets

Separately, Dbs Bank raised shares of Kingdee International Software Group to a “strong-buy” rating in a research report on Friday, August 16th.

Kingdee International Software Group Price Performance

The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.04. The stock has a fifty day moving average of $102.07 and a two-hundred day moving average of $94.64.

Kingdee International Software Group Company Profile

Kingdee International Software Group Company Limited, an investment holding company, engages in the enterprise resource planning business. The company operates through ERP Business and Others, Cloud Services Business, and Investment Properties Operating Business segments. The ERP Business and Others segment sells software and hardware products; and provides software solution consulting, maintenance, upgrade, and other supporting services, as well as software implementation services.