Kandi Technologies Group, Inc. (NASDAQ:KNDI - Get Free Report)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.43 and traded as low as $1.08. Kandi Technologies Group shares last traded at $1.09, with a volume of 173,922 shares.
Kandi Technologies Group Stock Performance
The company has a quick ratio of 2.55, a current ratio of 3.26 and a debt-to-equity ratio of 0.02. The stock has a market cap of $93.39 million, a price-to-earnings ratio of -13.56 and a beta of 1.35. The company's 50-day simple moving average is $1.06 and its 200-day simple moving average is $1.42.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Kandi Technologies Group stock. Virtu Financial LLC bought a new position in shares of Kandi Technologies Group, Inc. (NASDAQ:KNDI - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 38,025 shares of the company's stock, valued at approximately $78,000. 3.66% of the stock is owned by hedge funds and other institutional investors.
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.
Further Reading
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