Kandi Technologies Group (NASDAQ:KNDI – Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Monday, March 24th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $41.00 million for the quarter.
Kandi Technologies Group Price Performance
Shares of KNDI stock opened at $1.50 on Friday. The stock has a 50-day moving average price of $1.29 and a 200 day moving average price of $1.34. The company has a quick ratio of 2.55, a current ratio of 3.26 and a debt-to-equity ratio of 0.02. The firm has a market cap of $129.11 million, a price-to-earnings ratio of -18.75 and a beta of 1.37. Kandi Technologies Group has a 12 month low of $0.89 and a 12 month high of $2.98.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Kandi Technologies Group from a “hold” rating to a “sell” rating in a research report on Tuesday, March 18th.
About Kandi Technologies Group
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.
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