Kingdee International Software Group (OTCMKTS:KGDEY) Shares Gap Up – Should You Buy?

Shares of Kingdee International Software Group Co., Ltd. Unsponsored ADR (OTCMKTS:KGDEYGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $176.43, but opened at $195.28. Kingdee International Software Group shares last traded at $190.00, with a volume of 5 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res raised Kingdee International Software Group to a “strong-buy” rating in a report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

Check Out Our Latest Stock Report on KGDEY

Kingdee International Software Group Stock Up 7.7%

The firm has a fifty day moving average price of $198.55 and a 200-day moving average price of $191.53.

About Kingdee International Software Group

(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.

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