Kandi Technologies Group Inc (NASDAQ:KNDI) insider Xiaoming Hu acquired 9,000 shares of Kandi Technologies Group stock in a transaction that occurred on Tuesday, August 21st. The shares were purchased at an average cost of $4.10 per share, for a total transaction of $36,900.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

  • On Thursday, August 16th, Xiaoming Hu acquired 21,000 shares of Kandi Technologies Group stock. The shares were purchased at an average cost of $4.04 per share, for a total transaction of $84,840.00.
  • On Friday, August 3rd, Xiaoming Hu acquired 9,461 shares of Kandi Technologies Group stock. The shares were purchased at an average cost of $3.92 per share, for a total transaction of $37,087.12.
  • On Friday, August 10th, Xiaoming Hu acquired 37,461 shares of Kandi Technologies Group stock. The shares were purchased at an average cost of $3.91 per share, for a total transaction of $146,472.51.

Shares of KNDI traded down $0.05 on Friday, hitting $4.00. 144,959 shares of the stock traded hands, compared to its average volume of 171,172. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.87 and a current ratio of 0.94. The company has a market capitalization of $211.04 million, a price-to-earnings ratio of 4.71 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.

A hedge fund recently bought a new stake in Kandi Technologies Group stock. First Allied Advisory Services Inc. purchased a new position in shares of Kandi Technologies Group Inc (NASDAQ:KNDI) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,209 shares of the company’s stock, valued at approximately $137,000. First Allied Advisory Services Inc. owned about 0.05% of Kandi Technologies Group as of its most recent filing with the Securities and Exchange Commission (SEC). 3.20% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages recently issued reports on KNDI. BidaskClub downgraded shares of Kandi Technologies Group from a “sell” rating to a “strong sell” rating in a research note on Friday, June 1st. ValuEngine raised shares of Kandi Technologies Group from a “hold” rating to a “buy” rating in a research note on Friday, May 11th.

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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