Kaixin Holdings. (NASDAQ: KXIN): Retirees Don’t Worry About Volatility

Kaixin Holdings. (NASDAQ:KXIN) currently has a daily average trading volume of 13.66M but it saw 654735402 shares traded in last market. With a market cap of 17.04M USD, the company’s current market price of $0.34 came rising about 171.51 while comparing to the previous closing price of $0.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.55 and as low as $0.06. In the recent trading on the day, stock has struck highest price mark of $0.19 while lowest mark touched by it was $0.3653.

Taking a look at 20-day trading activity of Kaixin Holdings. (KXIN) gives us an average price of $0.0979, while its current price level is -90.36% below from 52-week high level whereas it is 437.89% 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 $0.0949 while that of 200 days or SMA-200 reads an average of $0.2417. A closer look into the stock’s movement over the week reveals that its volatility is standing at 58.76% during that period while stretching the period over a month that decreases to 25.33%. 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 78.54 which implies that the stock is in overbought territory.

Over the week, KXIN’s stock price is moving 318.22% up while it is 418.33% when we observe its performance for the past one month. Year-to-date it is -61.13% down and over the past year, the stock is showing a downside performance of -78.88%.

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 0.12. Stock has a price to book (P/B) ratio of 0.27 while price to sale or P/S ratio amounts to 0.54. Its return on asset (ROA) is -75.86% on average.