Kaixin Auto Holdings (NASDAQ:KXIN) saw a downside of -11.88% to $0.19 after subtracting -$0.02on Wednesday. The 5-day average trading volume is 305,830 shares of the company’s common stock. It has gained $0.2200 in the past week and touched a new high 3 times within the past 5 days. An average of 444,027 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 347,343.
KXIN’s 1-month performance is -31.74% or -$0.0791 on its low of $0.1710 reached on 08/16/23. The company’s shares have touched a 52-week low of $0.17 and high of $1.04, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, KXIN has lost -36.26% or -$0.0983 and has reached a new high 10 times. However, the current price is down -82.03% from the 52-week high price.
Valuation Metrics
KXIN stock has a beta of 0.15. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.53 while the price-to-book (PB) in the most recent quarter is 1.34.
Kaixin Auto Holdings’s quick ratio for the recent period was 2.10, with the current ratio over the same period at 2.10. In terms of profitability, the gross margin trailing 12 months is 0.80%. The trailing 12-month EBITDA margin is -83.51%. The firm’s gross profit as reported stood at $0.65 million against revenue of $82.84 million.
Earnings Surprise
Net income shrunk -132.06% to -$84.71 million, while revenue of $0.0 was 100.0% off the previous quarter. KXIN stock balance sheet for the recent quarter shows that total liabilities totaled 36.2 million, with total debt at $9.73 million.
Let’s look briefly at Kaixin Auto Holdings (KXIN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 28.90% to suggest the stock is trending oversold, with historical volatility in this time period at 67.26%.
The stock’s 5-day moving average is $0.2037, reflecting a -2.70% or -$0.0054 change from its current price. KXIN is currently trading -28.61% above its 20-day SMA, -64.24% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -37.57% and SMA200 by-64.00%.
Stochastic %K and %D was 31.65% and 32.89% and the average true range (ATR) pointed at 0.0235. The RSI (14) points at 29.51%, while the 14-day stochastic is at 24.14% with the period’s ATR at 0.0234. The stock’s 9-day MACD Oscillator is pointing at -0.0040 and -0.0173 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for KXIN stock have a consensus rating for the stock as -. Currently, 0 brokerage advisors rate KXIN as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
