Market cap of Kaixin Holdings [KXIN] reaches 2.61M – now what?

TANH

Kaixin Holdings [NASDAQ: KXIN] stock went on a downward path that fall over -4.32% on Wednesday, amounting to a one-week price increase of more than 1.97%.

Over the last 12 months, KXIN stock dropped by -96.41%.

The market cap for the stock reached $2.61 million, with 1.69 million shares outstanding and 1.62 million shares in the current float. Compared to the average trading volume of 1.53M shares, KXIN stock reached a trading volume of 254192 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Kaixin Holdings [KXIN]:

The Average True Range (ATR) for Kaixin Holdings is set at 0.37, with the Price to Sales ratio for KXIN stock in the period of the last 12 months amounting to 0.21. The Price to Book ratio for the last quarter was 1.44, with the Price to Cash per share for the same quarter was set at 0.37.

KXIN Stock Performance Analysis:

Kaixin Holdings [KXIN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.97. With this latest performance, KXIN shares dropped by -19.69% in over the last four-week period, additionally sinking by -80.86% over the last 6 months – not to mention a drop of -96.41% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KXIN stock in for the last two-week period is set at 40.16, with the RSI for the last a single of trading hit 41.80, and the three-weeks RSI is set at 40.87 for Kaixin Holdings [KXIN]. The present Moving Average for the last 50 days of trading for this stock 2.4176, while it was recorded at 1.5980 for the last single week of trading, and 6.7419 for the last 200 days.

Insight into Kaixin Holdings Fundamentals:

Kaixin Holdings’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.25 and a Current Ratio set at 0.26.

Kaixin Holdings [KXIN] Institutonal Ownership Details

There are presently around $0.27%, or 0.27%% of KXIN stock, in the hands of institutional investors.