Kandi Technologies Group Inc [KNDI] stock is trading at $1.21, up 3.42%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KNDI shares have gain 13.08% over the last week, with a monthly amount glided 14.15%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kandi Technologies Group Inc [NASDAQ: KNDI] stock has seen the most recent analyst activity on December 02, 2021, when Noble Capital Markets initiated its Outperform rating and assigned the stock a price target of $5.
Kandi Technologies Group Inc [KNDI] stock has fluctuated between $0.89 and $2.98 over the past year. Kandi Technologies Group Inc [NASDAQ: KNDI] shares were valued at $1.21 at the most recent close of the market.
Analyzing the KNDI fundamentals
Kandi Technologies Group Inc [NASDAQ:KNDI] reported sales of 118.13M for the trailing twelve months, which represents a drop of -17.79%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.1633 points at the first support level, and at 1.1167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2433, and for the 2nd resistance point, it is at 1.2767.
Ratios To Look Out For
For context, Kandi Technologies Group Inc’s Current Ratio is 3.26. In addition, the Quick Ratio stands at 2.55 and the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 0.89, the price to book ratio is 0.26.
