Is Kandi Technologies Group Inc (NASDAQ: KNDI) Still A Buy After sinking -1.60% Last Week?

During the last session, Kandi Technologies Group Inc (NASDAQ:KNDI)’s traded shares were 0.35 million, with the beta value of the company hitting 1.38. At the end of the trading day, the stock’s price was $1.23, reflecting an intraday gain of 6.96% or $0.08. The 52-week high for the KNDI share is $3.12, that puts it down -153.66 from that peak though still a striking 13.01% gain since the share price plummeted to a 52-week low of $1.07. The company’s market capitalization is $107.45M, and the average intraday trading volume over the past 10 days was 0.19 million shares, and the average trade volume was 167.77K shares over the past three months.

Kandi Technologies Group Inc (NASDAQ:KNDI) trade information

Kandi Technologies Group Inc (KNDI) registered a 6.96% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 6.96% in intraday trading to $1.23, hitting a weekly high. The stock’s 5-day price performance is -1.60%, and it has moved by -10.87% in 30 days. Based on these gigs, the overall price performance for the year is -56.07%. The short interest in Kandi Technologies Group Inc (NASDAQ:KNDI) is 1.53 million shares and it means that shorts have 6.01 day(s) to cover.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

KNDI Dividends

Kandi Technologies Group Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Kandi Technologies Group Inc (NASDAQ:KNDI)’s Major holders

Kandi Technologies Group Inc insiders own 16.86% of total outstanding shares while institutional holders control 2.36%, with the float percentage being 2.84%. QUINN OPPORTUNITY PARTNERS LLC is the largest shareholder of the company, while 46.0 institutions own stock in it. As of 2024-06-30, the company held over 66200.0 shares (or 0.0758% of all shares), a total value of $0.14 million in shares.

Also, the Mutual Funds coming in first place with the largest holdings of Kandi Technologies Group Inc (KNDI) shares are Bridgeway Funds Inc-Ultra Small Company Fund and Bridgeway Fds Inc-Omni Small Cap Value Fund . Data provided on Jun 30, 2024 indicates that Bridgeway Funds Inc-Ultra Small Company Fund owns about 387.55 shares. This amounts to just over 0.45 percent of the company’s overall shares, with a $0.48 million market value. The same data shows that the other fund manager holds slightly less at 135.7, or about 0.16% of the stock, which is worth about $0.17 million.