Kandi Technologies Group Inc. (KNDI) distance from 200-day Simple Moving Average is $7.23: Right on the Precipice
Kandi Technologies Group Inc. (NASDAQ: KNDI) established initial surge of 3.42% at $5.75, as the Stock market unbolted on June 02, 2021. During the day, the stock rose to $5.77 and sunk to $5.53 before settling in for the price of $5.56 at the close. Taking a more long-term approach, KNDI posted a 52-week range of $2.90-$17.45.
The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was -17.50%. Meanwhile, its Annual Earning per share during the time was -21.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -35.20%. This publicly-traded company’s shares outstanding now amounts to $75.38 million, simultaneously with a float of $60.85 million. The organization now has a market capitalization sitting at $442.23 million. At the time of writing, stock’s 50-day Moving Average stood at $5.62, while the 200-day Moving Average is $7.23.
Let’s gauge the efficiency of the firm, which has a total of 638 employees. It has generated 120,565 per worker during the last fiscal year. Meanwhile, its income per employee was -16,292. The stock had 0.67 Receivables turnover and 0.18 Total Asset turnover. For the Profitability, stocks gross margin was +17.53, operating margin was -17.45 and Pretax Margin of +2.35.
Kandi Technologies Group Inc. (KNDI) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Kandi Technologies Group Inc. industry. Kandi Technologies Group Inc.’s current insider ownership accounts for 2.00%, in contrast to 17.10% institutional ownership. According to the most recent insider trade that took place on Nov 25, this organization’s Director sold 1,000 shares at the rate of 15.00, making the entire transaction reach 15,000 in total value, affecting insider ownership by 5,000. Preceding that transaction, on Nov 19, Company’s Director sold 4,326 for 12.91, making the whole transaction’s value amount to 55,849. This particular insider is now the holder of 113,500 in total.
Kandi Technologies Group Inc. (KNDI) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 3/30/2021, it has been observed that the corporation posted -$0.08 earnings per share (EPS) during the time that was less the consensus figure (set at -$0.02) by -$0.06. This company achieved a net margin of -13.51 while generating a return on equity of -3.34. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
Kandi Technologies Group Inc.’s EPS decrease for this current 12-month fiscal period is -35.20%.
Kandi Technologies Group Inc. (NASDAQ: KNDI) Trading Performance Indicators
Let’s observe the current performance indicators for Kandi Technologies Group Inc. (KNDI). It’s Quick Ratio in the last reported quarter now stands at 3.90. The Stock has managed to achieve an average true range (ATR) of 0.30. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.11.
In the same vein, KNDI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.24, a figure that is expected to reach -0.04 in the next quarter.
Technical Analysis of Kandi Technologies Group Inc. (KNDI)
Now, what If we examine the latest scores posted by [Kandi Technologies Group Inc., KNDI]. During the last 5-days, its volume was lower the volume of 3.64 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 85.31% While, its Average True Range was 0.30.
Raw Stochastic average of Kandi Technologies Group Inc. (KNDI) in the period of the previous 100 days is set at 20.52%, which indicates a major fall in contrast to 98.45% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 62.67% that was lower than 66.07% volatility it exhibited in the past 100-days period.