compared to its average ratio and a 36-month beta value of 1.67. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Know Labs Inc. (KNW) is $7.00, which is $6.56 above the current market price. The public float for KNW is 38.87M, and currently, short sellers hold a 0.64% ratio of that float. The average trading volume of KNW on September 15, 2023 was 97.68K shares.
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KNW) stock’s latest price update
Know Labs Inc. (AMEX: KNW)’s stock price has plunge by -12.04relation to previous closing price of 0.51. Nevertheless, the company has seen a -16.33% plunge in its stock price over the last five trading sessions. Seeking Alpha reported 2023-08-17 that Know Labs, Inc. (NYSE:KNW ) Q3 2023 Results Conference Call August 14, 2023 4:30 PM ET Company Participants Jordyn Hujar – Chief of Staff Ron Erickson – Chairman and Chief Executive Officer Pete Conley – Senior Vice President and Chief Financial Officer Operator Greetings. Welcome to the Know Labs Fiscal Year 2023 Third Quarter Earnings Conference Call.
KNW’s Market Performance
Know Labs Inc. (KNW) has experienced a -16.33% fall in stock performance for the past week, with a -39.93% drop in the past month, and a -61.64% drop in the past quarter. The volatility ratio for the week is 13.10%, and the volatility levels for the past 30 days are at 10.32% for KNW. The simple moving average for the last 20 days is -34.44% for KNW stock, with a simple moving average of -59.24% for the last 200 days.
KNW Trading at -46.06% from the 50-Day Moving Average
After a stumble in the market that brought KNW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.96% of loss for the given period.
Volatility was left at 10.32%, however, over the last 30 days, the volatility rate increased by 13.10%, as shares sank -41.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -54.19% lower at present.
During the last 5 trading sessions, KNW fell by -16.34%, which changed the moving average for the period of 200-days by -72.87% in comparison to the 20-day moving average, which settled at $0.6630. In addition, Know Labs Inc. saw -72.19% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KNW starting from Takesako Ichiro John Paul, who sale 7,500 shares at the price of $0.88 back on Mar 31. After this action, Takesako Ichiro John Paul now owns 20,000 shares of Know Labs Inc., valued at $6,601 using the latest closing price.
Takesako Ichiro John Paul, the Director of Know Labs Inc., sale 8,500 shares at $0.87 during a trade that took place back on Mar 30, which means that Takesako Ichiro John Paul is holding 27,500 shares at $7,408 based on the most recent closing price.
Stock Fundamentals for KNW
Current profitability levels for the company are sitting at:
- -288.39 for the present operating margin
- +92.64 for the gross margin
The net margin for Know Labs Inc. stands at -460.34. The total capital return value is set at -106.67, while invested capital returns managed to touch -353.05. Equity return is now at value -436.50, with -254.00 for asset returns.
Based on Know Labs Inc. (KNW), the company’s capital structure generated 25.93 points at debt to equity in total, while total debt to capital is 20.59. Total debt to assets is 18.59, with long-term debt to equity ratio resting at 0.88. Finally, the long-term debt to capital ratio is 0.70.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.31.
Conclusion
To put it simply, Know Labs Inc. (KNW) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
