Know Labs Inc (AMEX:KNW) finished Wednesday with a subtraction of -$0.11 to close at $0.24, a downside of -32.93 percent. An average of 1,927,160 shares of common stock have been traded in the last five days. There was a fall of -$0.2474 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 603,625 shares traded, while the 50-day average volume stands at 298,734.
KNW stock has decreased by -65.85% in the last month. The company shares reached their 1-month lowest point of $0.2300 on 09/27/23. With the stock rallying to its 52-week high on 01/03/23, shares of the company touched a low of $0.34 and a high of $2.04 in 52 weeks. It has reached a new high 1 time so far this year and lost -85.14% or -$1.3623 in price. In spite of this, the price is down -88.35% from the 52-week high.
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Insider Transactions
KNW stock investors should be aware that Know Labs Inc (KNW) stock had its last reported insider trading activity 181 days ago on Mar 31. In this transaction, the insider spent $6,601. Director, Takesako Ichiro John Paul, disposed of 8,500 shares at a price of $0.87 on Mar 30. The insider now owns more than $7,408 worth of shares. Prior to that, Director Takesako Ichiro John Paul went on to Sale 5,000 shares at $0.90 each on Mar 29. An amount of $4,506 was transacted.
Valuation Metrics
Know Labs Inc (KNW) stock’s beta is 1.79. Other valuation ratios to consider include the price-to-book (PB) ratio at 17.47.
Financial Health
The quick ratio of Know Labs Inc for the recent quarter was 1.06, and the current ratio was 1.06, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 3.42 for the recent quarter. Know Labs Inc’s EBITDA margin is -281.03%, while its operating margin for the same period stands at 0.00%. Its gross profit as reported stood at $4.36 million compared to revenue of $4.36 million.
Earnings Surprise
The company posted a net income of -$3.6 million in the quarter, while revenues of -$4.93 million were grew 16.67%. Shareholders own equity worth $52.36 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Know Labs Inc (KNW) price momentum. RSI 9-day as of the close on 27 September was 21.87%, suggesting the stock is oversold, with historical volatility in this time frame at 286.32%.
As of today, KNW’s price is $0.3938 -51.00% or -$0.2474 from its 5-day moving average. KNW is currently trading -66.99% lower than its 20-day SMA and -75.74% lower than its 100-day SMA. However, the stock’s current price level is -74.16% below the SMA50 and -85.93% below the SMA200.
The stochastic %K and %D were 4.45% and 8.00%, respectively, and the average true range (ATR) was 0.0891. With the 14-day stochastic at 1.96% and the average true range at 0.0840, the RSI (14) stands at 24.94%. The stock has reached -0.1094 on the 9-day MACD Oscillator while the 14-day reading was at -0.1316.
Analyst Ratings
The consensus rating for Know Labs Inc (KNW) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell KNW, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is KNW’s price target for the next 12 months?
Analysts predict a range of price targets between $7.00 and $7.00, with a median target of $7.00. Taking a look at these predictions, the average price target given by analysts for Know Labs Inc (KNW) stock is $7.00.
