Kandi Technologies Group Inc (NASDAQ:KNDI) insider Xiaoming Hu acquired 21,000 shares of Kandi Technologies Group stock in a transaction dated Thursday, August 16th. The shares were purchased at an average price of $4.04 per share, for a total transaction of $84,840.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Xiaoming Hu also recently made the following trade(s):

  • On Friday, August 3rd, Xiaoming Hu bought 9,461 shares of Kandi Technologies Group stock. The shares were bought at an average price of $3.92 per share, with a total value of $37,087.12.
  • On Friday, August 10th, Xiaoming Hu bought 37,461 shares of Kandi Technologies Group stock. The shares were bought at an average price of $3.91 per share, with a total value of $146,472.51.

Shares of KNDI stock opened at $4.05 on Friday. The stock has a market cap of $216.18 million, a P/E ratio of 4.83 and a beta of 3.25. Kandi Technologies Group Inc has a 1-year low of $3.50 and a 1-year high of $9.90. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.94 and a quick ratio of 0.87.

Several equities research analysts recently weighed in on KNDI shares. ValuEngine upgraded Kandi Technologies Group from a “hold” rating to a “buy” rating in a report on Friday, May 11th. BidaskClub upgraded Kandi Technologies Group from a “strong sell” rating to a “sell” rating in a report on Friday, May 4th.

A hedge fund recently bought a new stake in Kandi Technologies Group stock. First Allied Advisory Services Inc. bought a new stake in shares of Kandi Technologies Group Inc (NASDAQ:KNDI) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 28,209 shares of the company’s stock, valued at approximately $137,000. First Allied Advisory Services Inc. owned 0.05% of Kandi Technologies Group at the end of the most recent reporting period. 3.60% of the stock is currently owned by institutional investors.

About Kandi Technologies Group

Kandi Technologies Group, Inc, through its subsidiaries, designs, develops, manufactures, and commercializes electric vehicle (EV) parts and off-road vehicles in the People's Republic of China and internationally. It offers off-road vehicles, including go karts, all-terrain vehicles, utility vehicles, and other vehicles for sale to distributors or consumers; and EV parts comprising battery packs, EV drive motors, EV controllers, air conditioners, and other electric products.

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