Kandi Technologies Group Inc [KNDI] stock prices are up 9.72% to $1.58 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KNDI shares have gain 35.04% over the last week, with a monthly amount glided 39.82%, 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.
The stock price of Kandi Technologies Group Inc [KNDI] has been fluctuating between $0.89 and $2.98 over the past year. Kandi Technologies Group Inc [NASDAQ: KNDI] shares were valued at $1.58 at the most recent close of the market.
Analyzing the KNDI fundamentals
The Kandi Technologies Group Inc [NASDAQ:KNDI] reported sales of 118.13M for trailing twelve months, representing 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.21.
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 1.4767 points at the first support level, and at 1.3733 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6667, and for the 2nd resistance point, it is at 1.7533.
Ratios To Look Out For
It’s worth pointing out that Kandi Technologies Group Inc [NASDAQ:KNDI]’s Current Ratio is 3.26. As well, the Quick Ratio is 2.55, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 1.17, the price to book ratio is 0.34.
