Kaixin (KXIN) Stock Price, News & Analysis

Company Overview

Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the People's Republic of China. It focuses on automobiles brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. The company is headquartered in Beijing, the People's Republic of China.

Key Stats

• Today's Range: $0.07 to $0.08
• 50-Day Range: $0.07 to $0.12
• 52-Week Range: $0.06 to $3.55
• Volume: 15.51 million shs
• Average Volume: 3.05 million shs
• Market Capitalization: $3.79 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Kaixin Stock Analysis - MarketRank™

Kaixin scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Kaixin.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Kaixin has a P/B Ratio of 0.08. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.59% of the float of Kaixin has been sold short.

Short Interest Ratio / Days to Cover

Kaixin has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kaixin has recently increased by 38.47%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Kaixin does not currently pay a dividend.

Dividend Growth

Kaixin does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.59% of the float of Kaixin has been sold short.

Short Interest Ratio / Days to Cover

Kaixin has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kaixin has recently increased by 38.47%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.15

News Sentiment

Kaixin has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Kaixin this week, compared to 0 articles on an average week.

Search Interest

6 people have searched for KXIN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

1 people have added Kaixin to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kaixin insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.78% of the stock of Kaixin is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.03% of the stock of Kaixin is held by institutions.

KXIN Stock Analysis - Frequently Asked Questions

How have KXIN shares performed this year?

Kaixin's stock was trading at $0.88 at the beginning of 2024. Since then, KXIN shares have decreased by 91.4% and is now trading at $0.0760.
View the best growth stocks for 2024 here.

When did Kaixin's stock split?

Kaixin's stock reverse split on Friday, September 15th 2023. The 1-15 reverse split was announced on Friday, September 15th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

How do I buy shares of Kaixin?

Shares of KXIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Kaixin own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kaixin investors own include Energy Transfer (ET), Gulfport Energy (GPOR), Carnival Co. & (CCL), Permian Resources (CDEV), Dawson Geophysical (DWSN), Gevo (GEVO) and Globus Maritime (GLBS).

Company Calendar

• Today: 9/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Automotive dealers & gasoline service stations
• Sub-Industry: Retail
• Current Symbol: NASDAQ:KXIN
• CUSIP: N/A
• CIK: 1713539
• Web: www.kaixin.com
• Phone: 861067204948
• Fax: N/A
• Employees: 40
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.28
• Quick Ratio: 0.27

Sales & Book Value

• Annual Sales: $31.54 million
• Price / Sales: 0.11
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.98 per share
• Price / Book: 0.07

Miscellaneous

• Outstanding Shares: 49,807,000
• Free Float: 39,457,000
• Market Cap: $3.41 million
• Optionable: Optionable
• Beta: -0.03