In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of Kaixin Holdings. (NASDAQ: KXIN) was $0.12 for the day, down -6.92% from the previous closing price of $0.13. In other words, the price has decreased by -$6.92 from its previous closing price. On the day, 0.69 million shares were traded. KXIN stock price reached its highest trading level at $0.1261 during the session, while it also had its lowest trading level at $0.117.
Ratios:
Our analysis of KXIN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 3223440 and an Enterprise Value of 5373205. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 0.079 whereas that against EBITDA is -0.293.
Stock Price History:
The Beta on a monthly basis for KXIN is 0.15, which has changed by -0.97555554 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, KXIN has reached a high of $6.66, while it has fallen to a 52-week low of $0.11. The 50-Day Moving Average of the stock is -43.30%, while the 200-Day Moving Average is calculated to be -92.70%.
Shares Statistics:
KXIN traded an average of 1.31M shares per day over the past three months and 2511450 shares per day over the past ten days. A total of 26.64M shares are outstanding, with a floating share count of 21.88M. Insiders hold about 17.88% of the company’s shares, while institutions hold 1.16% stake in the company. Shares short for KXIN as of 1711584000 were 125265 with a Short Ratio of 0.10, compared to 1709164800 on 359386. Therefore, it implies a Short% of Shares Outstanding of 125265 and a Short% of Float of 0.52.
