Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Kandi Technologies Group Inc (NASDAQ: KNDI) closed at $1.06 down -4.50% from its previous closing price of $1.11. In other words, the price has decreased by -$4.50 from its previous closing price. On the day, 0.1 million shares were traded. KNDI stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $1.06.
Ratios:
For a deeper understanding of Kandi Technologies Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 3.26. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Noble Capital Markets on December 02, 2021, initiated with a Outperform rating and assigned the stock a target price of $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KNDI now has a Market Capitalization of 91236312 and an Enterprise Value of 14028478. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.23. Its current Enterprise Value per Revenue stands at 0.113 whereas that against EBITDA is -4.259.
Stock Price History:
The Beta on a monthly basis for KNDI is 1.37, which has changed by -0.6369863 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, KNDI has reached a high of $3.12, while it has fallen to a 52-week low of $0.89. The 50-Day Moving Average of the stock is -7.58%, while the 200-Day Moving Average is calculated to be -39.81%.
Shares Statistics:
For the past three months, KNDI has traded an average of 243.56K shares per day and 384240 over the past ten days. A total of 87.36M shares are outstanding, with a floating share count of 72.63M. Insiders hold about 16.86% of the company’s shares, while institutions hold 2.35% stake in the company. Shares short for KNDI as of 1730332800 were 1534492 with a Short Ratio of 6.40, compared to 1727654400 on 1307198. Therefore, it implies a Short% of Shares Outstanding of 1534492 and a Short% of Float of 2.11.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
