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Kaixin Auto Holdings (KXIN): Does this stock hold the most enticing factor today?

For the readers interested in the stock health of Kaixin Auto Holdings (KXIN). It is currently valued at $0.78. When the transactions were called off in the previous session, Stock hit the highs of $0.86, after setting-off with the price of $0.65. Company’s stock value dipped to $0.59 during the trading on the day. When the trading was stopped its value was $0.65.Recently in News on August 16, 2022, Kaixin Auto Holdings Announces Intention Order for 5,000 Electric Vehicles for Health Services. Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has signed a strategic partnership agreement with National Kangyuan Technology Co., Ltd. (“National Kangyuan”), which commits to purchase 5,000 new energy vehicles custom made for public health services over the next three years. The total amount of this intention order is about RMB 2 billion (equivalent to USD$295 million). You can read further details here

Kaixin Auto Holdings had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.6700 on 03/28/22, with the lowest value was $0.5900 for the same time period, recorded on 09/21/22.

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Kaixin Auto Holdings (KXIN) full year performance was -72.74%

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, Kaixin Auto Holdings shares are logging -74.85% during the 52-week period from high price, and 20.35% 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 $0.65 and $3.11.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 2062454 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Kaixin Auto Holdings (KXIN) recorded performance in the market was -31.38%, having the revenues showcasing -22.54% 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 138.72M, as it employees total of 34 workers.

Market experts do have their say about Kaixin Auto Holdings (KXIN)

During the last month, 0 analysts gave the Kaixin Auto Holdings 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 0.9498, with a change in the price was noted -0.20. In a similar fashion, Kaixin Auto Holdings posted a movement of -20.17% for the period of last 100 days, recording 457,979 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 KXIN is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical breakdown of Kaixin Auto Holdings (KXIN)

Raw Stochastic average of Kaixin Auto Holdings in the period of last 50 days is set at 27.47%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 71.22%. In the last 20 days, the company’s Stochastic %K was 33.65% and its Stochastic %D was recorded 21.86%.

Bearing in mind the latest performance of Kaixin Auto Holdings, several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -31.38%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -44.91%, alongside a downfall of -72.74% for the period of the last 12 months. The shares increased approximately by 10.56% in the 7-day charts and went up by -6.60% in the period of the last 30 days. Common stock shares were lifted by -22.54% during last recorded quarter.

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