It’s Not A Fantasy To Think That Kaixin Holdings. (KXIN) Has Big Future Potential

Kaixin Holdings. (NASDAQ:KXIN) currently has a daily average trading volume of 2.64M but it saw 924864 shares traded in last market. With a market cap of 7.76M USD, the company’s current market price of $0.16 came rising about 6.06 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.52 and as low as $0.11.

Taking a look at 20-day trading activity of Kaixin Holdings. (KXIN) gives us an average price of $0.1618, while its current price level is -97.18% below from 52-week high level whereas it is 46.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1568 while that of 200 days or SMA-200 reads an average of $1.0441. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.16% during that period while stretching the period over a month that increases to 28.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.43 which implies that the stock is in neutral territory.

Over the week, KXIN’s stock price is moving -9.73% down while it is 12.09% when we observe its performance for the past one month. Year-to-date it is -82.30% down and over the past year, the stock is showing a downside performance of -96.73%.

Currently, Kaixin Holdings.’s total number of outstanding shares is 49.81M. Company’s return on investment (ROI) stands at -84.06% and return on equity (ROE) at -113.00%. Stock’s beta reads -0.01. Stock has a price to book (P/B) ratio of 0.12 while price to sale or P/S ratio amounts to 0.25. Its return on asset (ROA) is -75.86% on average.