Kandi Technologies Group (NASDAQ:KNDI – Get Free Report) is projected to announce its earnings results before the market opens on Monday, March 24th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $41.00 million for the quarter.
Kandi Technologies Group Stock Performance
KNDI stock opened at $1.50 on Friday. The stock’s fifty day moving average is $1.29 and its two-hundred day moving average is $1.34. The stock has a market capitalization of $129.11 million, a price-to-earnings ratio of -18.75 and a beta of 1.37. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.55 and a current ratio of 3.26. Kandi Technologies Group has a 1 year low of $0.89 and a 1 year high of $2.98.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Kandi Technologies Group from a “hold” rating to a “sell” rating in a research note on Tuesday.
About Kandi Technologies Group
Kandi Technologies Group, Inc engages in designing, developing, manufacturing, and commercializing electric vehicle (EV) products and parts in the People's Republic of China and the United States. It offers also off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and battery packs and smart battery swap system.
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