Kandi Technologies Group（纳斯达克股票代码：KNDI）股价跌破两百日移动平均线2.50美元|纳斯达克_新浪财经

Kandi Technologies Group, Inc. (NASDAQ:KNDI – Get Rating)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.50 and traded as low as $2.48. Kandi Technologies Group shares last traded at $2.50, with a volume of 167,914 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Kandi Technologies Group in a report on Wednesday, October 12th. They issued a "hold" rating for the company.

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Kandi Technologies Group Stock Performance

The firm's fifty day moving average price is $2.57 and its 200-day moving average price is $2.50. The company has a current ratio of 4.54, a quick ratio of 3.93 and a debt-to-equity ratio of 0.01. The firm has a market cap of $185.58 million, a price-to-earnings ratio of -31.25 and a beta of 1.81.

Kandi Technologies Group (NASDAQ:KNDI – Get Rating) last issued its earnings results on Tuesday, November 8th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.04. Kandi Technologies Group had a negative net margin of 6.44% and a negative return on equity of 1.64%. The business had revenue of $33.67 million during the quarter, compared to analysts' expectations of $29.30 million.

Institutional Trading of Kandi Technologies Group

Several institutional investors and hedge funds have recently bought and sold shares of KNDI. Ergoteles LLC purchased a new stake in Kandi Technologies Group in the 1st quarter valued at $897,000. Walleye Capital LLC raised its position in Kandi Technologies Group by 1,447.5% in the 2nd quarter. Walleye Capital LLC now owns 203,850 shares of the company's stock valued at $489,000 after purchasing an additional 190,677 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Kandi Technologies Group in the 2nd quarter valued at $98,000. XTX Topco Ltd purchased a new stake in Kandi Technologies Group in the 1st quarter valued at $103,000. Finally, Verition Fund Management LLC purchased a new stake in Kandi Technologies Group in the 1st quarter valued at $99,000. Hedge funds and other institutional investors own 6.98% of the company's stock.

Kandi Technologies Group Company Profile

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Kandi Technologies Group, Inc is a holding company, which engages in the development, production, and distribution of electric vehicle products and parts. It offers off-road vehicles including ATVs, utility vehicles, go-karts, and electric scooters. The company was founded on March 31, 2004 and is headquartered in Jinhua, China.