K-Tech Solutions Company Limited’s Lock-Up Period To End on January 12th (NASDAQ:KMRK)

K-Tech Solutions’ (NASDAQ:KMRK) lock-up period will end on Monday, January 12th. K-Tech Solutions had issued 1,600,000 shares in its IPO on July 16th. The total size of the offering was $6,400,000 based on an initial share price of $4.00. After the end of K-Tech Solutions’ lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of K-Tech Solutions in a report on Thursday, October 9th. They set a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

K-Tech Solutions Price Performance

NASDAQ KMRK opened at $1.48 on Monday. K-Tech Solutions has a twelve month low of $0.86 and a twelve month high of $5.50. The stock has a 50-day simple moving average of $1.14.

About K-Tech Solutions

We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational toys and learning kits. We started our operation in 2016 and have developed relationships with our customers mainly located in European and North American countries which possess renowned brands and intellectual properties in toy products.