Market Momentum: Kaixin Holdings (KXIN) Registers a 1.02 Increase, Closing at 1.98

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Kaixin Holdings (NASDAQ: KXIN) closed the day trading at $1.98 up 1.02% from the previous closing price of $1.96. In other words, the price has increased by $1.02 from its previous closing price. On the day, 9.02 million shares were traded. KXIN stock price reached its highest trading level at $2.37 during the session, while it also had its lowest trading level at $1.82.

Ratios:

For a better understanding of KXIN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.26. In the meantime, Its Debt-to-Equity ratio is 0.03 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 3537250 and an Enterprise Value of 6292442. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 0.496 whereas that against EBITDA is -0.146.

Stock Price History:

The Beta on a monthly basis for KXIN is 0.02, which has changed by -0.980202 over the last 52 weeks, in comparison to a change of 0.31827796 over the same period for the S&P500. Over the past 52 weeks, KXIN has reached a high of $120.60, while it has fallen to a 52-week low of $1.84. The 50-Day Moving Average of the stock is -71.76%, while the 200-Day Moving Average is calculated to be -76.33%.

Shares Statistics:

Over the past 3-months, KXIN traded about 1.46M shares per day on average, while over the past 10 days, KXIN traded about 5533100 shares per day. A total of 49.81M shares are outstanding, with a floating share count of 1.57M. Insiders hold about 6.98% of the company’s shares, while institutions hold 0.46% stake in the company. Shares short for KXIN as of 1731628800 were 174250 with a Short Ratio of 0.12, compared to 1728950400 on 18615. Therefore, it implies a Short% of Shares Outstanding of 174250 and a Short% of Float of 10.35.

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.

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