Kingdee International Software Group (OTCMKTS:KGDEY) Shares Up 7.8% – What’s Next?

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

Analyst Upgrades and Downgrades

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

Kingdee International Software Group Stock Performance

The stock’s 50-day moving average price is $102.68 and its 200 day moving average price is $94.54. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.04.

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.