Kaixin Holdings. (KXIN): Uncovering A True Diamond In The Rough

Kaixin Holdings. (NASDAQ:KXIN) currently has a daily average trading volume of 3.90M but it saw 10928598 shares traded in last market. With a market cap of 3.75M USD, the company’s current market price of $0.08 came falling about -8.07 while comparing to the previous closing price of $0.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.52 and as low as $0.07. In the recent trading on the day, stock has struck highest price mark of $0.0738 while lowest mark touched by it was $0.0896.

Taking a look at 20-day trading activity of Kaixin Holdings. (KXIN) gives us an average price of $0.0912, while its current price level is -98.64% below from 52-week high level whereas it is 0.94% 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 $0.1125 while that of 200 days or SMA-200 reads an average of $0.4361. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.74% during that period while stretching the period over a month that decreases to 12.22%. 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 29.61 which implies that the stock is in oversold territory.

Over the week, KXIN’s stock price is moving -10.05% down while it is -34.04% when we observe its performance for the past one month. Year-to-date it is -91.45% down and over the past year, the stock is showing a downside performance of -97.38%.

Currently, Kaixin Holdings.’s total number of outstanding shares is 49.81M with 8.14% of that held by the insiders while 0.71% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -84.06% and return on equity (ROE) at -113.00%. Stock’s beta reads -0.02. Stock has a price to book (P/B) ratio of 0.06 while price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is -75.86% on average.