In today’s recent session, 2,676,400 shares of the Kaixin Auto Holdings(NASDAQ:KXIN) have been traded, and its beta is 0. Most recently the company’s share price was $3.72, and it changed around -$0.51 or -0.12% from the last close, which brings the market valuation of the company to $231.22 Million. KXIN at last check was trading at a discount to its 52-week high of $13.4, offering almost -260.22% off that amount. The share price’s 52-week low was $0.4, which indicates that the recent value has risen by an impressive 89.25% since then. We note from Kaixin Auto Holdings’s average daily trading volume that its 10-day average is 4.53 Million shares, with the 3-month average coming to 5.14 Million.
Kaixin Auto Holdings stock received a consensus recommendation rating of 0, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 0 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended KXIN as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight.
Kaixin Auto Holdings (NASDAQ:KXIN): Trading Information Today
Although KXIN has been showing red trend so far today with a performance of -12.06% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $4.61- on Monday, Feb 22 increased the stock’s daily price by 19.74%. The company’s shares are currently down -0.01% year-to-date, but still down -0.1759 over the last five days. On the other hand, Kaixin Auto Holdings (NASDAQ:KXIN) is -0.09% down in the 30-day period. We can see from the shorts that 903.96 Million shares have been sold at a short interest cover period of 175.87 day(s).
Kaixin Auto Holdings (KXIN) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Kaixin Auto Holdings earnings are expected to decrease by 0% in 2021, but the outlook is negative 0% per year for the next five years.
Kaixin Auto Holdings (NASDAQ:KXIN)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 89.6% of Kaixin Auto Holdings shares, and 0.73% of them are in the hands of institutional investors. The stock currently has a share float of 7.03%. Kaixin Auto Holdings stock is held by 8 institutions, with Susquehanna Fundamental Investments, LLC being the largest institutional investor. By Dec 30, 2020, it held 0.41% of the shares, which is about 254.6 Thousand shares worth $949.66 Thousand.
Jane Street Group, LLC, with 0.34% or 205.84 Thousand shares worth $767.77 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Invesco ETF Tr-Invesco Golden Dragon China ETF and Fidelity NASDAQ Composite Index Fund were the top two Mutual Funds as of Dec 30, 2020. The former held 52259 shares worth $194.93 Thousand, making up 0.09% of all outstanding shares. On the other hand, Fidelity NASDAQ Composite Index Fund held roughly 31.87 Thousand shares worth around $118.87 Thousand, which represents about 0.05% of the total shares outstanding.
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