Kaixin Auto Holdings (KXIN) Decline -4.29% in Day Trading, Closes at $0.24

The price of Kaixin Auto Holdings (NASDAQ: KXIN) closed at $0.24 in the last session, down -4.29% from day before closing price of $0.25. In other words, the price has decreased by -$0.0106 from its previous closing price. On the day, 899262 shares were traded.

Ratios:

We take a closer look at KXIN’s different ratios to gain a better understanding of the stock. 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 6.58M and an Enterprise Value of 6.71M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 0.10 whereas that against EBITDA is -0.38.

Stock Price History:

Over the past 52 weeks, KXIN has reached a high of $8.25, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 0.5214, while the 200-Day Moving Average is calculated to be 2.4049.

Shares Statistics:

According to the various share statistics, KXIN traded on average about 1.08M shares per day over the past 3-months and 582.55k shares per day over the past 10 days. A total of 228.25M 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 Feb 15, 2024 were 425.53k with a Short Ratio of 0.39, compared to 221.21k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.60% and a Short% of Float of 1.76%.

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