Kandi Technologies Group, Inc. (NASDAQ:KNDI - Get Free Report)'s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.46 and traded as low as $1.11. Kandi Technologies Group shares last traded at $1.11, with a volume of 33,473 shares changing hands.
Kandi Technologies Group Price Performance
The company's 50-day moving average is $1.08 and its 200-day moving average is $1.46. The stock has a market cap of $99.84 million, a price-to-earnings ratio of -14.50 and a beta of 1.37. The company has a quick ratio of 2.55, a current ratio of 3.26 and a debt-to-equity ratio of 0.02.
Institutional Investors Weigh In On Kandi Technologies Group
A hedge fund recently bought a new stake in Kandi Technologies Group stock. Virtu Financial LLC acquired a new position in Kandi Technologies Group, Inc. (NASDAQ:KNDI - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 38,025 shares of the company's stock, valued at approximately $78,000. 3.66% of the stock is owned by institutional investors and hedge funds.
Kandi Technologies Group Company Profile
(
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Kandi Technologies Group, Inc engages in designing, developing, manufacturing, and commercializing electric vehicle (EV) products and parts in the People's Republic of China and the United States. It offers also off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and battery packs and smart battery swap system.
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