Kaixin Holdings. (NASDAQ:KXIN) price on Wednesday, July 31, fall -2.19% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.11.
A look at the stock’s price movement, the close in the last trading session was $0.11. Turning to its 52-week performance, $5.52 and $0.10 were the 52-week high and 52-week low respectively. Overall, KXIN moved -14.82% over the past month.
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Kaixin Holdings.’s market cap currently stands at around $5.55 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KXIN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
KXIN’s current price about -8.86% and -21.89% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.65, while 7-day volatility ratio is 8.56% and 10.47% in the 30-day chart. Further, Kaixin Holdings. (KXIN) has a beta value of -0.01, and an average true range (ATR) of 0.01.
If we refocus on Kaixin Holdings. (NASDAQ:KXIN), historical trading data shows that trading volumes averaged 4.68 million over the past 3 months. The company’s latest data on shares outstanding shows there are 49.81 million shares.
The 8.30% of Kaixin Holdings.’s shares are in the hands of company insiders while institutional holders own 0.74% of the company’s shares. Current price change has pushed the stock -87.33% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KXIN stock continues to rise going into the next quarter.
