Kaixin Holdings. (KXIN) saw an uptrend of 5.35% in the recent trading with $0.18 being its most recent. The current price level -97.25% lower than the highest price of $6.66 marked by the stock while trading over the past 52-weeks, whereas it is 8.93% higher than the lowest price of $0.17 the company dropped to over past 52-weeks. The latest news story on KXIN appeared in (GlobeNewswire) under the title “Kaixin Auto Holdings Announces Name Change”.
Squeezing the time span to 30 day period shows us the stock is currently trading -16.21% below one month high and is +9.58% above of the lowest during that time. Looking into the simple moving average, Kaixin Holdings. (KXIN)’s stock stands at a SMA-50 of $0.2226 while that of 5-day is reading $0.1801.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and KXIN’s SMA-200 as of now is $1.7520.
Kaixin Holdings. Earnings – What Happened With KXIN
Coming around sales and income figures on KXIN Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
KXIN – Kaixin Holdings. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 26.64 million. KXIN does have institutional investors; and they hold 1.16% of the stock.
Kaixin Holdings. – Insider Activity and Holdings
As on Dec 30, 2023, Group One Trading, L.P. was the top most holder in Kaixin Holdings. (NASDAQ:KXIN) with an ownership of 0.11 million shares of the company or 0.05% of the stake worth $20224.0. The filing also reveals Susquehanna International Group, LLP as the second largest holder in the company with a control over 0.03% of the outstanding shares. Its stake is worth $13087.0 for having 71518.0 shares in hand.
Belvedere Trading Llc also came holding a key position in the company during the recent quarter and it now holds 0.03% of the outstanding shares. With this there are now 11 institutions which have possession in KXIN’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Kaixin Holdings. has a debt to equity ratio of 0.10.
Technical Analysis of Kaixin Holdings. (NASDAQ:KXIN) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Kaixin Holdings. (KXIN), we notice that the stock’s 20-day average volume is at 280,545 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 802,032 shares. And to end, KXIN’s 100-day average volume is 772,723 shares with 100% of the long-term indicators pointing towards Sell for the stock.
