Somewhat Positive News Coverage Somewhat Unlikely to Impact Kandi Technologies Group (KNDI) Stock Price
News articles about Kandi Technologies Group (NASDAQ:KNDI) have trended somewhat positive on Friday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kandi Technologies Group earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.7054153363795 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Can Kandi Technologies Group Inc (KNDI) Thread the Needle? Technical Update – Sheridan Daily (sheridandaily.com)
- Kandi Technologies Group, Inc. (NASDAQ:KNDI) Experiences Heavier than Usual Trading Volume – Modern Readers (modernreaders.com)
- Kandi Produces Almost No Cars, Only More Sour Financials – Seeking Alpha (seekingalpha.com)
- ETFs with exposure to Kandi Technologies Group, Inc. : August 25, 2017 (finance.yahoo.com)
Shares of Kandi Technologies Group (NASDAQ:KNDI) opened at 3.95 on Friday. The stock’s market capitalization is $189.68 million. Kandi Technologies Group has a 52-week low of $3.40 and a 52-week high of $6.50. The stock has a 50 day moving average price of $3.91 and a 200-day moving average price of $4.05.
Kandi Technologies Group (NASDAQ:KNDI) last posted its quarterly earnings results on Wednesday, August 9th. The company reported ($0.20) earnings per share (EPS) for the quarter. Kandi Technologies Group had a negative net margin of 81.68% and a negative return on equity of 23.14%. The company had revenue of $27.33 million for the quarter.
About Kandi Technologies Group
Kandi Technologies Group, Inc (Kandi) is focused on the development of pure electric vehicle (EV) products and manufacturing electric vehicle’s parts. The Company’s business operations are the design, development, manufacturing and commercialization of electric vehicles, electric vehicle parts and off-road vehicles, which are distributed in China and global markets.
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