Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Kaixin Holdings (NASDAQ: KXIN) closed the day trading at $1.22 down -0.81% from the previous closing price of $1.23. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 2.33 million shares were traded. KXIN stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.11.
Ratios:
For a better understanding of KXIN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.14 and its Current Ratio is at 0.14. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KXIN now has a Market Capitalization of 33255038 and an Enterprise Value of 14764486. For the stock, the TTM Price-to-Sale (P/S) ratio is 332.57 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 155.416 whereas that against EBITDA is -0.848.
Stock Price History:
The Beta on a monthly basis for KXIN is 0.98, which has changed by -0.70574164 over the last 52 weeks, in comparison to a change of 0.14151978 over the same period for the S&P500. Over the past 52 weeks, KXIN has reached a high of $7.30, while it has fallen to a 52-week low of $0.33. The 50-Day Moving Average of the stock is 41.56%, while the 200-Day Moving Average is calculated to be 28.60%.
Shares Statistics:
Over the past 3-months, KXIN traded about 1.22M shares per day on average, while over the past 10 days, KXIN traded about 5139550 shares per day. A total of 27.26M shares are outstanding, with a floating share count of 22.15M. Insiders hold about 18.73% of the company’s shares, while institutions hold 0.10% stake in the company. Shares short for KXIN as of 1761868800 were 408133 with a Short Ratio of 0.31, compared to 1759190400 on 303870. Therefore, it implies a Short% of Shares Outstanding of 408133 and a Short% of Float of 1.8399999999999999.
