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Kingdee International Software Group (OTCMKTS:KGDEY) Reaches New 1-Year Low - Time to Sell?

Kingdee International Software Group logo with Computer and Technology background
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Key Points

  • Shares hit a new 52-week low — Kingdee ADR fell to $112.41 (last trade) and was down about 10.5% on the session, with an extremely low volume of 4 shares after a prior close of $125.60.
  • Price is well below key moving averages — the stock trades far under its 50-day ($157.48) and 200-day ($178.76) moving averages, indicating a sustained downtrend.
  • Company profile — Kingdee provides on-premise ERP and cloud-native SaaS enterprise management software for SMEs and large organizations, covering finance, supply chain, manufacturing, HR and CRM functions.
  • MarketBeat previews top five stocks to own in May.

Shares of Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY - Get Free Report) reached a new 52-week low on Thursday . The company traded as low as $112.41 and last traded at $112.41, with a volume of 4 shares. The stock had previously closed at $125.60.

Kingdee International Software Group Trading Down 10.5%

The company has a 50-day moving average price of $157.48 and a 200-day moving average price of $178.76.

Kingdee International Software Group Company Profile

(Get Free Report)

Kingdee International Software Group, trading OTCMKTS: KGDEY, is a leading provider of enterprise management software and cloud services. The company specializes in developing integrated solutions that support financial management, supply chain operations, manufacturing, human capital management and customer relationship functions. Its flagship offerings include on-premise enterprise resource planning (ERP) systems as well as cloud-native SaaS platforms designed for small and medium-sized enterprises (SMEs) and large organizations alike.

Kingdee's software suite features modular components that enable businesses to automate routine processes, improve data visibility and drive operational efficiency.

Further Reading

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