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

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.

Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEY - ) 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 changing hands.

Kingdee International Software Group Stock Down 11.5%

The stock has a fifty day moving average of $190.97 and a two-hundred day moving average of $172.82.

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.

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