Know Labs (NYSEAMERICAN:KNW) Shares Down 7.5% - Time to Sell?

Know Labs, Inc. (NYSEAMERICAN:KNW - Get Free Report) shares were down 7.5% during trading on Wednesday . The company traded as low as $0.84 and last traded at $0.89. Approximately 298,564 shares changed hands during mid-day trading, an increase of 748% from the average daily volume of 35,210 shares. The stock had previously closed at $0.96.

Know Labs Trading Down 5.2 %

The company has a market capitalization of $81.14 million, a price-to-earnings ratio of -3.65 and a beta of 1.54.

Institutional Trading of Know Labs

An institutional investor recently bought a new position in Know Labs stock. Jane Street Group LLC purchased a new stake in shares of Know Labs, Inc. (NYSEAMERICAN:KNW - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 184,518 shares of the company's stock, valued at approximately $32,000. Jane Street Group LLC owned about 0.17% of Know Labs at the end of the most recent reporting period. 23.96% of the stock is currently owned by hedge funds and other institutional investors.

About Know Labs

Know Labs, Inc, together with its subsidiaries, focuses on the development and commercialization of proprietary sensor technology by radio and microwave spectroscopy in the United States. The company's proprietary platform technologies include ChromaID and Bio-RFID technologies that utilizes electromagnetic energy to detect, record, identify, and measure the signature of said materials or analytes.