Kandi Technologies Group Inc (NASDAQ:KNDI) price on Thursday, July 03, rose 3.67% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.13.
A look at the stock’s price movement, the close in the last trading session was $1.09, moving within a range at $1.08 and $1.16. The beta value (5-Year monthly) was 0.983. Turning to its 52-week performance, $2.12 and $0.89 were the 52-week high and 52-week low respectively. Overall, KNDI moved 5.61% over the past month.
Kandi Technologies Group Inc’s market cap currently stands at around $97.16 million, with investors looking forward to this quarter’s earnings report slated for on 2022-Nov-08.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KNDI is a 50% 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.
KNDI’s current price about 2.08% and -1.32% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.23, while 7-day volatility ratio is 5.96% and 5.96% in the 30-day chart. Further, Kandi Technologies Group Inc (KNDI) has a beta value of 0.74.
If we refocus on Kandi Technologies Group Inc (NASDAQ:KNDI), historical trading data shows that trading volumes averaged 0.13 over the past 10 days and 97.73K over the past 3 months. The company’s latest data on shares outstanding shows there are 85.48 million shares.
The 16.86% of Kandi Technologies Group Inc’s shares are in the hands of company insiders while institutional holders own 0.94% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.44 million on 2025-06-13, giving us a short ratio of 18.2. The data shows that as of 2025-06-13 short interest in Kandi Technologies Group Inc (KNDI) stood at 246.99999999999997 of shares outstanding, with shares short rising to 1.43 million registered in 2025-05-15. Current price change has pushed the stock -45.67% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KNDI stock continues to rise going into the next quarter.
