Kandi Technologies Group Inc. (NASDAQ:KNDI) went up by 10.45% from its latest closing price compared to the recent 1-year high of $17.45. The company’s stock price has collected 24.06% of gains in the last five trading sessions. Press Release reported 16 hours ago that The Gross Law Firm Announces Class Actions on Behalf of Shareholders of TILE, LRN and KNDI
Is It Worth Investing in Kandi Technologies Group Inc. (NASDAQ :KNDI) Right Now?
Plus, the 36-month beta value for KNDI is at 2.26. Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for Kandi Technologies Group Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.38, which is $3.44 above the current price. KNDI currently public float of 43.68M and currently shorts hold a 29.65% ratio of that float. Today, the average trading volume of KNDI was 12.58M shares.
KNDI’s Market Performance
KNDI stocks went up by 24.06% for the week, with a monthly drop of -1.50% and a quarterly performance of 12.93%, while its annual performance rate touched 82.13%. The volatility ratio for the week stands at 8.55% while the volatility levels for the past 30 days are set at 8.26% for Kandi Technologies Group Inc.. The simple moving average for the period of the last 20 days is 11.44% for KNDI stocks with a simple moving average of 44.31% for the last 200 days.
KNDI Trading at 0.21% from the 50-Day Moving Average
After a stumble in the market that brought KNDI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.95% of loss for the given period.
Volatility was left at 8.26%, however, over the last 30 days, the volatility rate increased by 8.55%, as shares sank -1.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.06% upper at present.
During the last 5 trading sessions, KNDI rose by +24.06%, which changed the moving average for the period of 200-days by +199.30% in comparison to the 20-day moving average, which settled at $7.68. In addition, Kandi Technologies Group Inc. saw 24.06% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at KNDI starting from Wang Lin, who sale 1,000 shares at the price of $15.00 back on Nov 25. After this action, Wang Lin now owns 5,000 shares of Kandi Technologies Group Inc., valued at $15,000 using the latest closing price.
Yu Henry, the Director of Kandi Technologies Group Inc., sale 4,326 shares at $12.91 during a trade that took place back on Nov 19, which means that Yu Henry is holding 113,500 shares at $55,849 based on the most recent closing price.
Stock Fundamentals for KNDI
Current profitability levels for the company are sitting at:
- +0.67 for the present operating margin
- +18.73 for the gross margin
The net margin for Kandi Technologies Group Inc. stands at -5.30. The total capital return value is set at 0.31, while invested capital returns managed to touch -2.95. Equity return is now at value -3.00, with -1.90 for asset returns.
Based on Kandi Technologies Group Inc. (KNDI), the company’s capital structure generated 29.79 points at debt to equity in total, while total debt to capital is 22.95. Total debt to assets is 17.48, with long-term debt to equity ratio resting at 6.59. Finally, the long-term debt to capital ratio is 5.08.
When we switch over and look at the enterprise to sales, we see a ratio of 2.18, with the company’s debt to enterprise value settled at 0.22. The receivables turnover for the company is 1.12 and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.