Kandi Technologies Group - KNDI Stock Forecast, Price & News

Kandi Technologies Group's stock was trading at $2.30 at the start of the year. Since then, KNDI stock has increased by 6.5% and is now trading at $2.45.
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Kandi Technologies Group saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 1,680,000 shares, a drop of 8.2% from the February 13th total of 1,830,000 shares. Based on an average daily volume of 183,600 shares, the days-to-cover ratio is currently 9.2 days. Approximately 2.8% of the company's shares are sold short.
View Kandi Technologies Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our KNDI earnings forecast.

Kandi Technologies Group, Inc. (NASDAQ:KNDI) issued its quarterly earnings data on Monday, August, 9th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of ($0.18) by $0.72. The company earned $29.88 million during the quarter, compared to analyst estimates of $20.80 million. Kandi Technologies Group had a negative trailing twelve-month return on equity of 2.89% and a negative net margin of 10.29%.

ETFs with the largest weight of Kandi Technologies Group (NASDAQ:KNDI) stock in their portfolio include Invesco Golden Dragon China ETF (PGJ) and Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and

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).

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

Kandi Technologies Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Millennium Management LLC (0.74%), Marshall Wace LLP (0.56%), Morgan Stanley (0.21%), Group One Trading L.P. (0.00%), Susquehanna International Group LLP (0.00%) and Schonfeld Strategic Advisors LLC (0.06%). Insiders that own company stock include Henry Yu and Lin Wang.
View institutional ownership trends.

Shares of KNDI stock 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.
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One share of KNDI stock can currently be purchased for approximately $2.45.

Kandi Technologies Group (NASDAQ:KNDI) has a market capitalization of $181.86 million and generates $117.81 million in revenue each year. The company earns $22.86 million in net income (profit) each year or ($0.17) on an earnings per share basis.

The company employs 837 workers across the globe.

Kandi Technologies Group's mailing address is JINHUA CITY INDUSTRIAL ZONE ZHEJIANG PROVINCE, JINHUA F4, 321016. The official website for the company is www.kandivehicle.com. The company can be reached via phone at 8657982239856, via email at ir@kandigroup.com, or via fax at 86-579-8223-9855.