Kingdee International Software Group (OTCMKTS:KGDEY) Shares Up 3.1% – Here’s What Happened

Kingdee International Software Group Company Limited (OTCMKTS:KGDEY) shares shot up 3.1% on Monday . The company traded as high as $112.12 and last traded at $103.36. 6 shares changed hands during trading, a decline of 95% from the average session volume of 131 shares. The stock had previously closed at $100.23.

Wall Street Analyst Weigh In

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

Kingdee International Software Group Stock Performance

The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04. The company has a fifty day moving average of $92.50 and a 200 day moving average of $94.79.

About Kingdee International Software Group

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.