Kandi Technologies Target of Unusually Large Options Trading (KNDI)
Shares of Kandi Technologies (NASDAQ:KNDI) saw unusually large options trading activity on Tuesday. Stock investors purchased 15,387 call options on the stock, ARN reports. This is an increase of approximately 188% compared to the average daily volume of 5,343 call options.
Kandi Technologies (NASDAQ:KNDI) traded up 4.61% on Tuesday, hitting $19.7401. 3,139,891 shares of the company’s stock traded hands. Kandi Technologies has a 52-week low of $4.12 and a 52-week high of $22.49. The stock has a 50-day moving average of $17.28 and a 200-day moving average of $14.8. The company’s market cap is $827.3 million.
Kandi Technologies (NASDAQ:KNDI) last issued its quarterly earnings data on Monday, August 11th. The company reported $0.27 EPS for the quarter. The company had revenue of $32.96 million for the quarter, compared to the consensus estimate of $12.16 million.
Kandi Technologies, Corp.is engaged in designing, developing, manufacturing, and commercializing all-terrain vehicles (NASDAQ:KNDI), go-karts, and specialized automobiles, such as electric vehicles (EVs) for the People Republic of China and global markets.
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