The stock of Kaixin Holdings. (KXIN) has seen a 1.61% increase in the past week, with a -24.48% drop in the past month, and a -16.75% decrease in the past quarter. The volatility ratio for the week is 12.83%, and the volatility levels for the past 30 days are at 11.48% for KXIN. The simple moving average for the last 20 days is -14.69% for KXIN stock, with a simple moving average of -83.15% for the last 200 days.
Is It Worth Investing in Kaixin Holdings. (NASDAQ: KXIN) Right Now?
The stock has a 36-month beta value of 0.01.
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The public float for KXIN is 45.67M, and at present, short sellers hold a 1.90% of that float. On August 13, 2024, the average trading volume of KXIN was 4.92M shares.
KXIN) stock’s latest price update
Kaixin Holdings. (NASDAQ: KXIN) has seen a decline in its stock price by -9.23 in relation to its previous close of 0.10. However, the company has experienced a 1.61% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-03-12 that HANGZHOU, China, March 12, 2024 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that all resolutions presented to the shareholders at its annual general meeting held on March 4, 2024 (the “Annual General Meeting”) were duly passed.
KXIN Trading at -26.98% from the 50-Day Moving Average
After a stumble in the market that brought KXIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.29% of loss for the given period.
Volatility was left at 11.48%, however, over the last 30 days, the volatility rate increased by 12.83%, as shares sank -21.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.30% lower at present.
During the last 5 trading sessions, KXIN rose by +1.61%, which changed the moving average for the period of 200-days by -91.79% in comparison to the 20-day moving average, which settled at $0.1093. In addition, Kaixin Holdings. saw -89.27% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for KXIN
Current profitability levels for the company are sitting at:
- -0.91 for the present operating margin
- -0.24 for the gross margin
The net margin for Kaixin Holdings. stands at -1.7. The total capital return value is set at -0.61. Equity return is now at value -113.00, with -75.86 for asset returns.
Based on Kaixin Holdings. (KXIN), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -1.15. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -82.11.
Currently, EBITDA for the company is -18.5 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 0.11. The receivables turnover for the company is 32.51for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.28.
Conclusion
To sum up, Kaixin Holdings. (KXIN) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
