Kingdee International Software Group (OTCMKTS:KGDEY) Stock Price Up 3.3% – Time to Buy?

Kingdee International Software Group Company Limited (OTCMKTS:KGDEY)’s share price shot up 3.3% on Monday . The stock traded as high as $137.40 and last traded at $137.40. 199 shares were traded during trading, an increase of 47% from the average session volume of 135 shares. The stock had previously closed at $132.99.

Analysts Set New Price Targets

Several research analysts recently issued reports on KGDEY shares. Dbs Bank raised shares of Kingdee International Software Group to a “strong-buy” rating in a research report on Friday, August 16th. Sanford C. Bernstein upgraded Kingdee International Software Group to a “strong-buy” rating in a research report on Thursday, June 20th.

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 business’s fifty day moving average is $83.29 and its two-hundred day moving average is $95.42.

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.