For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Kaixin Holdings (NASDAQ: KXIN) closed the day trading at $4.16 up 15.56% from the previous closing price of $3.6. In other words, the price has increased by $15.56 from its previous closing price. On the day, 2.05 million shares were traded. KXIN stock price reached its highest trading level at $5.86 during the session, while it also had its lowest trading level at $2.94.
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 113394224 and an Enterprise Value of 9770184. For the stock, the TTM Price-to-Sale (P/S) ratio is 37.79 while its Price-to-Book (P/B) ratio in mrq is 0.06. Its current Enterprise Value per Revenue stands at 102.844 whereas that against EBITDA is -0.561.
Stock Price History:
The Beta on a monthly basis for KXIN is 1.08, which has changed by -0.93442625 over the last 52 weeks, in comparison to a change of 0.12607694 over the same period for the S&P500. Over the past 52 weeks, KXIN has reached a high of $75.00, while it has fallen to a 52-week low of $3.40. The 50-Day Moving Average of the stock is -81.34%, while the 200-Day Moving Average is calculated to be -84.22%.
Shares Statistics:
Over the past 3-months, KXIN traded about 248.01K shares per day on average, while over the past 10 days, KXIN traded about 37784750 shares per day. A total of 0.91M shares are outstanding, with a floating share count of 0.74M. Insiders hold about 18.73% of the company’s shares, while institutions hold 0.12% stake in the company. Shares short for KXIN as of 1763078400 were 35280 with a Short Ratio of 0.14, compared to 1760486400 on 12655. Therefore, it implies a Short% of Shares Outstanding of 35280 and a Short% of Float of 0.16.
