Kandi Technologies Group (KNDI) Projected to Post Quarterly Earnings on Monday

Kandi Technologies Group (NASDAQ:KNDI) will likely be issuing its quarterly earnings data 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 Price Performance

Shares of Kandi Technologies Group stock opened at $1.50 on Friday. Kandi Technologies Group has a twelve month low of $0.89 and a twelve month high of $2.98. The company has a quick ratio of 2.55, a current ratio of 3.26 and a debt-to-equity ratio of 0.02. The company has a 50-day simple moving average of $1.29 and a two-hundred day simple moving average of $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.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Kandi Technologies Group from a “hold” rating to a “sell” rating in a research report on Tuesday.

Kandi Technologies Group Company Profile

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.