Free Trial

Kandi Technologies Group (NASDAQ:KNDI) Stock Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

Kandi Technologies Group logo with Consumer Discretionary background

Kandi Technologies Group, Inc. (NASDAQ:KNDI - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.90 and traded as low as $1.29. Kandi Technologies Group shares last traded at $1.29, with a volume of 182,833 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Kandi Technologies Group from a "sell" rating to a "hold" rating in a report on Monday, August 19th.

View Our Latest Research Report on KNDI

Kandi Technologies Group Stock Up 6.2 %

The company's 50-day moving average price is $1.63 and its 200 day moving average price is $1.90. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.26 and a current ratio of 4.11. The stock has a market cap of $119.68 million, a PE ratio of -137.00 and a beta of 1.40.

Kandi Technologies Group (NASDAQ:KNDI - Get Free Report) last announced its earnings results on Friday, August 16th. The company reported $0.02 EPS for the quarter. The business had revenue of $39.15 million during the quarter. Kandi Technologies Group had a negative net margin of 0.98% and a negative return on equity of 0.31%.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Kandi Technologies Group stock. Impact Partnership Wealth LLC acquired a new stake in Kandi Technologies Group, Inc. (NASDAQ:KNDI - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,000 shares of the company's stock, valued at approximately $57,000. 3.66% of the stock is currently owned by institutional investors.

Kandi Technologies Group Company Profile

(Get Free Report)

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.

Featured Articles

Should you invest $1,000 in Kandi Technologies Group right now?

Before you consider Kandi Technologies Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kandi Technologies Group wasn't on the list.

While Kandi Technologies Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Revolutionizing Logistics: Dot Ai Corporation CEO Ed Nabrotzky Talks IPO and Innovations
Massive Market Moves Following Trump Win: Tesla, JP Morgan, & Bitcoin Soar
Top 3 Stocks Under $20 with Strong Buy Ratings and Growth Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines