Kandi Technologies Group Inc (NASDAQ:KNDI) CEO Xiaoming Hu purchased 137,000 shares of Kandi Technologies Group stock in a transaction on Wednesday, March 27th. The stock was bought at an average price of $5.52 per share, for a total transaction of $756,240.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
NASDAQ KNDI traded up $0.07 on Friday, reaching $5.43. The company had a trading volume of 340,838 shares, compared to its average volume of 853,934. The company has a current ratio of 1.02, a quick ratio of 0.88 and a debt-to-equity ratio of 0.13. Kandi Technologies Group Inc has a 12 month low of $3.54 and a 12 month high of $9.23.
Kandi Technologies Group (NASDAQ:KNDI) last issued its quarterly earnings data on Friday, March 15th. The company reported ($0.11) EPS for the quarter. Kandi Technologies Group had a negative return on equity of 4.51% and a negative net margin of 5.06%. The business had revenue of $49.75 million during the quarter.
A number of analysts have issued reports on the stock. BidaskClub downgraded shares of Kandi Technologies Group from a “hold” rating to a “sell” rating in a report on Wednesday, March 27th. TheStreet upgraded shares of Kandi Technologies Group from a “d+” rating to a “c” rating in a report on Thursday, February 21st.
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Kandi Technologies Group Company Profile
Kandi Technologies Group, Inc, through its subsidiaries, designs, develops, manufactures, and commercializes electric vehicle (EV) parts and off-road vehicles in the People's Republic of China and internationally. It offers off-road vehicles, including go karts, all-terrain vehicles, utility vehicles, and other vehicles for sale to distributors or consumers; and EV parts comprising battery packs, EV drive motors, EV controllers, air conditioners, and other electric products.
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