Kingdee International Software Group (OTCMKTS:KGDEY) Hits New 1-Year Low at $71.57

Shares of Kingdee International Software Group Company Limited (OTCMKTS:KGDEY) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $71.57 and last traded at $71.57, with a volume of 17 shares traded. The stock had previously closed at $73.00.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on KGDEY shares. Sanford C. Bernstein upgraded Kingdee International Software Group to a “strong-buy” rating in a research report on Thursday, June 20th. 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 company’s 50-day simple moving average is $77.88 and its 200 day simple moving average is $96.22.

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.