The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -51.34%. However, over the past six months, we’ve seen a stronger performance of -55.71%. The price of KXIN fallen by 78.33% over the last 30 days. And in the last five days, it has fallen by -3.17%.
Currently, the stock price of Kaixin Auto Holdings (KXIN) is $2.14. In the most recent trading session, the stock underwent a significant upswing, peaking at $2.24 after opening at $2.04. The stock touched a low of $1.8603 before closing at $1.95.
The market performance of Kaixin Auto Holdings has been somewhat unstable. Over the past year, the company’s stock achieved a high of $9.45 on 01/17/23, with the lowest value for the same timeframe being $0.96, recorded on 10/05/23.
52-week price history of KXIN Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Kaixin Auto Holdings’s current trading price is -77.35% away from its 52-week high, while its distance from the 52-week low is 121.85%. The stock’s price range for this period has been between $0.96 and $9.45. The Consumer Cyclical sector company’s shares saw a trading volume of about 0.54 million for the day, which was higher than the average daily volume of 0.25 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Kaixin Auto Holdings (KXIN) has experienced a quarterly decline of -31.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 57.01M and boasts a workforce of 27 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.8800, with a change in price of -2.9600. Similarly, Kaixin Auto Holdings recorded 175,649 in trading volume during the last 100 days, posting a change of -58.05%.
KXIN’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for KXIN stands at 0.22. Similarly, the long-term debt-to-equity ratio is also 0.01.
KXIN Stock Stochastic Average
As of today, the raw stochastic average of Kaixin Auto Holdings over the last 50 days is at 25.81%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 44.71%. Further, the company’s Stochastic %K and %D values for the last 20 days were 38.82% and 35.16%, respectively.