Kandi Technologies Group (NASDAQ:KNDI - Get Free Report) is expected to issue its Q4 2024 quarterly earnings data 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 announced its quarterly earnings results on Monday, April 28th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.26). Kandi Technologies Group had a negative return on equity of 1.53% and a negative net margin of 5.25%. The company had revenue of $41.00 million during the quarter, compared to analysts' expectations of $41.00 million.
Kandi Technologies Group Price Performance
Shares of KNDI stock traded up $0.03 during trading hours on Friday, hitting $1.19. The stock had a trading volume of 74,764 shares, compared to its average volume of 157,187. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.26 and a quick ratio of 2.55. The stock has a market capitalization of $101.81 million, a price-to-earnings ratio of -14.89 and a beta of 0.98. Kandi Technologies Group has a one year low of $0.89 and a one year high of $2.43. The stock's 50-day moving average price is $1.31 and its two-hundred day moving average price is $1.22.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded Kandi Technologies Group from a "hold" rating to a "sell" rating in a research report 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.
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