Kandi Technologies Group (NASDAQ:KNDI - Get Free Report) is expected to be announcing its Q4 2024 earnings results before the market opens on Thursday, May 15th. Analysts expect Kandi Technologies Group to post earnings of ($0.02) per share and revenue of $41.00 million for the quarter.
Kandi Technologies Group (NASDAQ:KNDI - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The company reported ($0.28) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.26). The firm had revenue of $41.00 million during the quarter, compared to analyst estimates of $41.00 million. Kandi Technologies Group had a negative return on equity of 1.53% and a negative net margin of 5.25%.
Kandi Technologies Group Trading Down 5.9%
KNDI stock traded down $0.08 during midday trading on Tuesday, hitting $1.27. 94,336 shares of the company's stock were exchanged, compared to its average volume of 157,361. Kandi Technologies Group has a 1-year low of $0.89 and a 1-year high of $2.43. The company has a current ratio of 3.26, a quick ratio of 2.55 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $108.55 million, a PE ratio of -15.88 and a beta of 0.98. The business has a 50-day simple moving average of $1.30 and a two-hundred day simple moving average of $1.22.
Analysts Set New Price Targets
Separately, StockNews.com lowered Kandi Technologies Group from a "hold" rating to a "sell" rating in a research note on Tuesday, March 18th.
Read Our Latest Analysis on KNDI
Kandi Technologies Group Company Profile
(
Get Free Report)
Kandi Technologies Group, Inc engages in designing, developing, manufacturing, and commercializing electric vehicle (EV) products and parts in the People's Republic of China and the United States. It offers also off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and battery packs and smart battery swap system.
Featured Articles
Before you consider Kandi Technologies Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kandi Technologies Group wasn't on the list.
While Kandi Technologies Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
