The price of Kaixin Auto Holdings (NASDAQ:KXIN) shares last traded on Wall Street fell -13.88% to $0.44.
KXIN stock price is now -4.83% away from the 50-day moving average and -44.34% away from the 200-day moving average. The market capitalization of the company currently stands at $82.27M.
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A total of 38.83% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in KXIN stock. A new stake in Kaixin Auto Holdings shares was purchased by SUSQUEHANNA INTERNATIONAL GROUP, LLP during the first quarter worth $10,000. UBS GROUP AG invested $7,000 in shares of KXIN during the first quarter. In total, there are 11 active investors with 0.20% ownership of the company’s stock.
A candlestick chart of Kaixin Auto Holdings (NASDAQ: KXIN) showed a price of $0.4961 on Monday morning. During the past 12 months, Kaixin Auto Holdings has had a low of $0.28 and a high of $1.67. As of last week, the company has a debt-to-equity ratio of 1.53, a current ratio of 1.30, and a quick ratio of 1.30. The fifty day moving average price for KXIN is $0.4602 and a two-hundred day moving average price translates $0.7869 for the stock.
The latest earnings results from Kaixin Auto Holdings (NASDAQ: KXIN) was released for Dec, 2021. The net profit margin was -43.10% and return on equity was -732.50% for KXIN.
Kaixin Auto Holdings(KXIN) Company Profile
Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the People’s Republic of China. It focuses on automobiles brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. As of December 31, 2021, the company had 14 used car dealerships covering 14 cities in 12 provinces in China. It also provides financing channels to customers and other in-network dealers through partnerships with financial institutions. Kaixin Auto Holdings is headquartered in Beijing, the People’s Republic of China.
