Kandi Technologies Group (KNDI) Stock Price, News & Analysis

Company Overview

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. 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.

Key Stats

• Today's Range: $1.60 to $1.74
• 50-Day Range: $1.66 to $1.99
• 52-Week Range: $1.60 to $3.67
• Volume: 159,677 shs
• Average Volume: 89,019 shs
• Market Capitalization: $139.77 million
• P/E Ratio: 53.35
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Kandi Technologies Group Stock Analysis - MarketRank™

Kandi Technologies Group scored higher than 10% of companies evaluated by MarketBeat, and ranked 284th out of 295 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Kandi Technologies Group.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Kandi Technologies Group is 53.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.19.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kandi Technologies Group is 53.35, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.46.

Price to Book Value per Share Ratio

Kandi Technologies Group has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.02% of the float of Kandi Technologies Group has been sold short.

Short Interest Ratio / Days to Cover

Kandi Technologies Group has a short interest ratio ("days to cover") of 19.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Kandi Technologies Group has recently decreased by 3.29%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.02% of the float of Kandi Technologies Group has been sold short.

Short Interest Ratio / Days to Cover

Kandi Technologies Group has a short interest ratio ("days to cover") of 19.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Kandi Technologies Group has recently decreased by 3.29%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

Kandi Technologies Group has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Kandi Technologies Group this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kandi Technologies Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.80% of the stock of Kandi Technologies Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.66% of the stock of Kandi Technologies Group is held by institutions.

KNDI Stock Analysis - Frequently Asked Questions

How have KNDI shares performed this year?

Kandi Technologies Group's stock was trading at $2.80 at the start of the year. Since then, KNDI stock has decreased by 42.9% and is now trading at $1.60.
View the best growth stocks for 2024 here.

How were Kandi Technologies Group's earnings last quarter?

Kandi Technologies Group, Inc. (NASDAQ:KNDI) issued its earnings results on Friday, August, 16th. The company reported $0.02 EPS for the quarter. The company earned $39.15 million during the quarter. Kandi Technologies Group had a negative net margin of 0.98% and a negative trailing twelve-month return on equity of 0.31%.

Who are Kandi Technologies Group's major shareholders?

Kandi Technologies Group's top institutional shareholders include Renaissance Technologies LLC (0.05%) and Impact Partnership Wealth LLC (0.03%).
View institutional ownership trends.

How do I buy shares of Kandi Technologies Group?

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

What other stocks do shareholders of Kandi Technologies Group own?

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

Company Calendar

• Last Earnings: 8/16/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Motor vehicles & car bodies
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:KNDI
• CUSIP: N/A
• CIK: 1316517
• Web: www.kandivehicle.com
• Phone: 8657982239856
• Fax: 86-579-8223-9855
• Employees: 840
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.03
• Trailing P/E Ratio: 56.69
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $10,000.00
• Net Margins: -0.98%
• Pretax Margin: 2.81%
• Return on Equity: -0.31%
• Return on Assets: -0.25%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 4.48
• Quick Ratio: 3.68

Sales & Book Value

• Annual Sales: $124.61 million
• Price / Sales: 1.19
• Cash Flow: $0.13 per share
• Price / Cash Flow: 12.85
• Book Value: $4.64 per share
• Price / Book: 0.37

Miscellaneous

• Outstanding Shares: 87,358,000
• Free Float: 72,682,000
• Market Cap: $148.51 million
• Optionable: Optionable
• Beta: 1.34