The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -18.29%. However, over the last six months, the performance has been weaker by 18.18%. The price of KNDI increased 12.60% over the last 30 days. And in the last five days, it has surged by 24.35%.
Kandi Technologies Group Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $2.07 on 10/01/24, while the lowest price for the same duration was marked at $0.89 on 12/23/24.
52-week price history of KNDI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Kandi Technologies Group Inc’s current trading price is -30.92% away from its 52-week high, while its distance from the 52-week low is 60.67%. The stock’s price range during this period has varied between$0.89 and $2.07. The Kandi Technologies Group Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 0.72 million for the day, a figure considerably higher than their average daily volume of 0.19 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Kandi Technologies Group Inc (KNDI) has experienced a quarterly rise of 14.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 122.96M and boasts a workforce of 739 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1876, with a change in price of -0.0100. Similarly, Kandi Technologies Group Inc recorded 164,319 in trading volume during the last 100 days, posting a change of -0.69%.
KNDI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for KNDI stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.02.
KNDI Stock Stochastic Average
Kandi Technologies Group Inc’s raw stochastic average for the past 50 days is presently 88.89%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 86.84%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 67.84% and 65.95%, respectively.
