K-Tech Solutions Company Limited (NASDAQ:KMRK) Stock Short Interest Report for October

K-Tech Solutions Company Limited (NASDAQ:KMRK) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 17,550 shares, a decrease of 78.8% from the September 30th total of 82,609 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 94,871 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of K-Tech Solutions from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, K-Tech Solutions currently has a consensus rating of “Sell”.

K-Tech Solutions Stock Up 6.7%

Shares of K-Tech Solutions stock opened at $1.43 on Tuesday. The business has a 50-day simple moving average of $1.15 and a 200-day simple moving average of $1.63. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.69 and a quick ratio of 3.69. K-Tech Solutions has a one year low of $0.78 and a one year high of $6.59.

K-Tech Solutions (NASDAQ:KMRK) last issued its earnings results on Wednesday, August 12th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $2.63 million during the quarter.

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.