Let’s start up with the current stock price of Kandi Technologies Group Inc. (KNDI), which is $8.11 to be very precise. The Stock rose vividly during the last session to $8.45 after opening rate of $8.31 while the lowest price it went was recorded $7.82 before closing at $8.55.
Recently in News on February 9, 2021, The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of KNDI, GDRX and CLSK. The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. You can read further details here
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Kandi Technologies Group Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $10.98 on 01/28/21, with the lowest value was $6.84 for the same time period, recorded on 01/04/21.
Kandi Technologies Group Inc. (KNDI) full year performance was 93.10%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Kandi Technologies Group Inc. shares are logging -53.52% during the 52-week period from high price, and 273.73% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.17 and $17.45.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 5558275 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Kandi Technologies Group Inc. (KNDI) recorded performance in the market was 17.54%, having the revenues showcasing 1.12% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 672.16M, as it employees total of 594 workers.
The Analysts eye on Kandi Technologies Group Inc. (KNDI)
During the last month, 0 analysts gave the Kandi Technologies Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 8.25, with a change in the price was noted +2.60. In a similar fashion, Kandi Technologies Group Inc. posted a movement of +47.19% for the period of last 100 days, recording 10,227,318 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for KNDI is recording 0.13 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.05.
Technical rundown of Kandi Technologies Group Inc. (KNDI)
Raw Stochastic average of Kandi Technologies Group Inc. in the period of last 50 days is set at 31.99%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 9.18%. In the last 20 days, the company’s Stochastic %K was 21.92% and its Stochastic %D was recorded 30.35%.
Considering, the past performance of Kandi Technologies Group Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 17.54%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -8.05%, alongside a boost of 93.10% for the period of the last 12 months. The shares increased approximately by -10.98% in the 7-day charts and went down by -0.86% in the period of the last 30 days. Common stock shares were driven by 1.12% during last recorded quarter.