Know Labs (NYSEAMERICAN:KNW) Trading Up 7.4% - What's Next?

Know Labs, Inc. (NYSEAMERICAN:KNW - Get Free Report) shares shot up 7.4% on Tuesday . The stock traded as high as $0.53 and last traded at $0.52. 500,434 shares were traded during trading, an increase of 81% from the average session volume of 276,324 shares. The stock had previously closed at $0.49.

Know Labs Stock Performance

The company has a market capitalization of $173.43 million, a P/E ratio of -7.80 and a beta of 1.54. The company's fifty day moving average is $0.50.

Institutional Investors Weigh In On Know Labs

An institutional investor recently bought a new position in Know Labs stock. Ingalls & Snyder LLC purchased a new stake in shares of Know Labs, Inc. (NYSEAMERICAN:KNW - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 416,667 shares of the company's stock, valued at approximately $72,000. Ingalls & Snyder LLC owned about 0.37% of Know Labs at the end of the most recent reporting period. Institutional investors and hedge funds own 23.96% of the company's stock.

Know Labs Company Profile

Know Labs, Inc, together with its subsidiaries, focuses on the development and commercialization of proprietary sensor technology by radio and microwave spectroscopy in the United States. The company's proprietary platform technologies include ChromaID and Bio-RFID technologies that utilizes electromagnetic energy to detect, record, identify, and measure the signature of said materials or analytes.