Know Labs (NYSEAMERICAN:KNW) Shares Up 4.3% – What’s Next?

Know Labs, Inc. (NYSEAMERICAN:KNW)’s stock price shot up 4.3% during mid-day trading on Thursday . The company traded as high as $0.25 and last traded at $0.24. 188,351 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 237,101 shares. The stock had previously closed at $0.23.

Know Labs Stock Up 4.3 %

The firm has a market capitalization of $25.97 million, a P/E ratio of -1.20 and a beta of 1.57.

Hedge Funds Weigh In On Know Labs

An institutional investor recently raised its position in Know Labs stock. PFG Investments LLC boosted its holdings in shares of Know Labs, Inc. (NYSEAMERICAN:KNW) by 886.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 976,838 shares of the company’s stock after acquiring an additional 877,838 shares during the quarter. PFG Investments LLC owned 0.98% of Know Labs worth $280,000 as of its most recent SEC filing. 23.96% of the stock is currently owned by institutional investors and hedge funds.

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.