NASDAQ:KNDI

Kandi Technologies Group Stock Forecast, Price & News

$8.18

+0.27 (+3.41 %)

(As of 01/19/2021 12:00 AM ET)

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Today's Range

$7.98

Now: $8.18▼

$8.24

50-Day Range

$6.88

MA: $8.27▼

$13.62

52-Week Range

$2.17

Now: $8.18▼

$17.45

Volume3.81 million shs

Average Volume7.41 million shs

Market Capitalization$519.66 million

P/E RatioN/A

Dividend YieldN/A

Beta2.34

Kandi Technologies Group, Inc., through its subsidiaries, designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts and off-road vehicles in the People's Republic of China and internationally. It offers off-road vehicles, including go-karts, all-terrain vehicles, utility vehicles, and other vehicles for sale to distributors or consumers; and EV parts comprising battery packs, EV drive motors, EV controllers, air conditioners, and other electric products, as well as electric scooters and electric self-balancing scooters. Kandi Technologies Group, Inc. has a strategic cooperation agreement with Jiangsu Jinpeng Group Ltd. to jointly develop the EV market in China. The company was formerly known as Kandi Technologies, Corp. and changed its name to Kandi Technologies Group, Inc. in December 2012. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People's Republic of China.

MarketRank^™

Overall MarketRank^™

0.50 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Kandi Technologies Group.

2.5 Community Rank

Outperform Votes
Kandi Technologies Group has received 137 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Kandi Technologies Group has received 138 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Kandi Technologies Group has received 50.18% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Kandi Technologies Group and other stocks. Vote “Outperform” if you believe KNDI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KNDI will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Kandi Technologies Group does not currently pay a dividend.
Dividend Growth
Kandi Technologies Group does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kandi Technologies Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $70,849.00 in company stock.
Percentage Held by Insiders
Only 26.80% of the stock of Kandi Technologies Group is held by insiders.
Percentage Held by Institutions
Only 6.78% of the stock of Kandi Technologies Group is held by institutions.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Kandi Technologies Group are expected to decrease in the coming year, from ($0.06) to ($0.15) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kandi Technologies Group is -68.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kandi Technologies Group is -68.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Kandi Technologies Group has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Motor vehicles & car bodies

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNASDAQ:KNDI

Previous Symbol

CUSIPN/A

CIK1316517

Webwww.kandivehicle.com

Phone86-579-8223-9856

Employees594

Debt

Debt-to-Equity Ratio0.05

Current Ratio1.77

Quick Ratio1.48

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$135.74 million

Price / Sales3.83

Cash Flow$0.02 per share

Price / Cash Flow438.60

Book Value$4.12 per share

Price / Book1.99

Profitability

EPS (Most Recent Fiscal Year)($0.14)

Net Income$-7,190,000.00

Net Margins-6.14%

Return on Equity-2.98%

Return on Assets-1.85%

Miscellaneous

Outstanding Shares63,528,000

Market Cap$519.66 million

Next Earnings Date4/27/2021 (Estimated)

OptionableOptionable

$8.18

+0.27 (+3.41 %)

(As of 01/19/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Kandi Technologies Group (NASDAQ:KNDI) Frequently Asked Questions

How has Kandi Technologies Group's stock been impacted by Coronavirus (COVID-19)?

Kandi Technologies Group's stock was trading at $2.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KNDI shares have increased by 182.1% and is now trading at $8.18.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Kandi Technologies Group?

Wall Street analysts have given Kandi Technologies Group a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Kandi Technologies Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Kandi Technologies Group's next earnings date?

Kandi Technologies Group is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Kandi Technologies Group.

How were Kandi Technologies Group's earnings last quarter?

Kandi Technologies Group, Inc. (NASDAQ:KNDI) released its quarterly earnings data on Monday, November, 9th. The company reported ($0.03) EPS for the quarter, beating the Zacks' consensus estimate of ($0.11) by $0.08. The company earned $18.72 million during the quarter, compared to analysts' expectations of $21.60 million. Kandi Technologies Group had a negative return on equity of 2.98% and a negative net margin of 6.14%.
View Kandi Technologies Group's earnings history.

Are investors shorting Kandi Technologies Group?

Kandi Technologies Group saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 12,950,000 shares, an increase of 17.5% from the December 15th total of 11,020,000 shares. Based on an average trading volume of 11,660,000 shares, the days-to-cover ratio is currently 1.1 days.
View Kandi Technologies Group's Short Interest.

Who are some of Kandi Technologies Group's key competitors?

Some companies that are related to Kandi Technologies Group include The Shyft Group (SHYF), The Shyft Group (SPAR), Electrameccanica Vehicles (SOLO), REV Group (REVG), Stagecoach Group (SAGKF), Elio Motors (ELIO), Greenkraft (GKIT), Tongxin International (TXIC), EMAV (EMAV), T3M (TTTM) and Vydrotech (VYDR).
View all of KNDI's competitors.

What other stocks do shareholders of Kandi Technologies Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kandi Technologies Group investors own include Edap Tms (EDAP), Tesla (TSLA), Energous (WATT), NIO (NIO), Plug Power (PLUG), Advanced Micro Devices (AMD), NVIDIA (NVDA), QUALCOMM (QCOM), Alibaba Group (BABA) and Micron Technology (MU).

Who are Kandi Technologies Group's key executives?

Kandi Technologies Group's management team includes the following people:

Mr. Xiaoming Hu, Chairman, Pres & CEO (Age 63, Pay $52.12k)
Mr. Ming Lim Jehn, Chief Financial Officer (Age 40)
Kewa Luo, Mang. of Investor Relations
Ms. Cathy Cao, Exec. VP of Fin.
Mr. Cheng Wang, Chief Strategy Officer (Age 47)

What is Kandi Technologies Group's stock symbol?

Kandi Technologies Group trades on the NASDAQ under the ticker symbol "KNDI."

Who are Kandi Technologies Group's major shareholders?

Kandi Technologies Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sowell Financial Services LLC (0.03%). Company insiders that own Kandi Technologies Group stock include Henry Yu, Lin Wang and Xiaoming Hu.
View institutional ownership trends for Kandi Technologies Group.

Which major investors are buying Kandi Technologies Group stock?

KNDI stock was acquired by a variety of institutional investors in the last quarter, including Sowell Financial Services LLC.
View insider buying and selling activity for Kandi Technologies Group or or view top insider-buying stocks.

How do I buy shares of Kandi Technologies Group?

Shares of KNDI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Kandi Technologies Group's stock price today?

One share of KNDI stock can currently be purchased for approximately $8.18.

How big of a company is Kandi Technologies Group?

Kandi Technologies Group has a market capitalization of $519.66 million and generates $135.74 million in revenue each year. The company earns $-7,190,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis. Kandi Technologies Group employs 594 workers across the globe.

What is Kandi Technologies Group's official website?

The official website for Kandi Technologies Group is www.kandivehicle.com.

How can I contact Kandi Technologies Group?

Kandi Technologies Group's mailing address is JINHUA CITY INDUSTRIAL ZONE ZHEJIANG PROVINCE, JINHUA F4, 321016. The company can be reached via phone at 86-579-8223-9856 or via email at [email protected]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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