Kandi Technologies Group (KNDI) Receives Coverage Optimism Rating of 0.14

News headlines about Kandi Technologies Group (NASDAQ:KNDI) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kandi Technologies Group earned a news impact score of 0.14 on Accern’s scale. Accern also gave press coverage about the company an impact score of 44.8196786694945 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s analysis:

Kandi Technologies Group (KNDI) traded up 2.53% during trading on Tuesday, hitting $4.05. 13,609 shares of the company traded hands. The firm has a 50 day moving average of $4.18 and a 200 day moving average of $4.15. The firm’s market cap is $194.49 million. Kandi Technologies Group has a one year low of $3.40 and a one year high of $8.09.

Kandi Technologies Group (NASDAQ:KNDI) last posted its earnings results on Wednesday, May 10th. The company reported ($0.45) EPS for the quarter. The business had revenue of $4.28 million during the quarter. Kandi Technologies Group had a negative return on equity of 13.56% and a negative net margin of 37.00%.

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About Kandi Technologies Group

Kandi Technologies Group, Inc (Kandi) is focused on the development of pure electric vehicle (EV) products and manufacturing electric vehicle’s parts. The Company’s business operations are the design, development, manufacturing and commercialization of electric vehicles, electric vehicle parts and off-road vehicles, which are distributed in China and global markets.

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