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Kingdee International Software Group (OTCMKTS:KGDEY) Shares Gap Down - Here's What Happened

Kingdee International Software Group logo with Computer and Technology background

Key Points

  • Kingdee International Software Group shares experienced a significant drop, gapping down from a previous close of $247.26 to open at $218.75 on Friday.
  • The company's stock is down 11.5%, with the current trading volume reported at just 2 shares.
  • Kingdee operates primarily in the enterprise resource planning (ERP) business, offering software and hardware products along with consulting services.
  • Five stocks we like better than Kingdee International Software Group.

Shares of Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $247.26, but opened at $218.75. Kingdee International Software Group shares last traded at $218.75, with a volume of 2 shares traded.

Kingdee International Software Group Price Performance

The firm's 50-day simple moving average is $195.20 and its 200 day simple moving average is $175.82.

Kingdee International Software Group Company Profile

(Get Free Report)

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.

See Also

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