B. Riley Financial Inc. Buys New Position in Kandi Technologies Group Inc (KNDI)
B. Riley Financial Inc. bought a new stake in Kandi Technologies Group Inc (NASDAQ:KNDI) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 20,000 shares of the company’s stock, valued at approximately $136,000.
Separately, State Street Corp lifted its stake in shares of Kandi Technologies Group by 17.3% in the 2nd quarter. State Street Corp now owns 39,990 shares of the company’s stock valued at $178,000 after purchasing an additional 5,886 shares during the period. Institutional investors own 3.86% of the company’s stock.
Kandi Technologies Group Inc (NASDAQ KNDI) opened at $5.70 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.15 and a debt-to-equity ratio of 0.14. Kandi Technologies Group Inc has a 12 month low of $3.50 and a 12 month high of $9.90.
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Kandi Technologies Group Company Profile
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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