Kandi Technologies Group (NASDAQ:KNDI - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by investment analysts at
Weiss Ratings in a research report issued to clients and investors on Wednesday,
Weiss Ratings reports.
Kandi Technologies Group Price Performance
Shares of KNDI opened at $1.26 on Wednesday. The firm has a market capitalization of $107.70 million, a price-to-earnings ratio of -2.17 and a beta of 0.76. Kandi Technologies Group has a 1-year low of $0.89 and a 1-year high of $1.81. The company has a 50-day moving average of $1.33 and a 200 day moving average of $1.24.
Institutional Investors Weigh In On Kandi Technologies Group
An institutional investor recently raised its position in Kandi Technologies Group stock. Connor Clark & Lunn Investment Management Ltd. grew its position in Kandi Technologies Group, Inc. (NASDAQ:KNDI - Free Report) by 83.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,640 shares of the company's stock after buying an additional 13,059 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.'s holdings in Kandi Technologies Group were worth $41,000 at the end of the most recent reporting period. 3.66% of the stock is owned by hedge funds and other institutional investors.
About Kandi Technologies Group
(
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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