Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Kaixin Holdings.’s current trading price is -97.43% away from its 52-week high, while its distance from the 52-week low is 3.39%. The stock’s price range over this period has fluctuated between $0.17 and $6.75. The company, operating within the financial sector, had a trading volume of approximately 0.58 million for the day, which was noticeably lower than the average daily share volume of 0.95 million over the last 3 months.
Kaixin Holdings. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $6.75 on 06/02/23, while the lowest price for the same duration was marked at $0.17 on 04/03/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Kaixin Holdings. (KXIN) has experienced a quarterly decline of -73.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.63M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6699, with a change in price of -1.9663. Similarly, Kaixin Holdings. recorded 767,272 in trading volume during the last 100 days, posting a change of -91.88%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for KXIN stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.01.
KXIN Stock Stochastic Average
Today, Kaixin Holdings.’s raw stochastic average for the past 50 days stands at 0.84%, indicating a decline from the raw stochastic average of the last 20 days, which was 12.15%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 17.99% and 19.25% respectively.
KXIN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -80.26%.However, over the last six months, we can see a stronger performance of -84.90%. Over the last 30 days, the price of KXIN has leaped by -18.41%. And in the last five days, it has fallen by -3.50%.
