|Bid||56.49 x 124500|
|Ask||56.49 x 73800|
|Day's Range||55.88 - 56.84|
|52 Week Range||21.01 - 58.17|
|Beta (5Y Monthly)||1.63|
|PE Ratio (TTM)||1,951.38|
|Earnings Date||Feb 18, 2021|
|Forward Dividend & Yield||0.90 (1.59%)|
|Ex-Dividend Date||Jul 09, 2020|
|1y Target Est||62.70|
Moody's Investors Service, ("Moody's") has today downgraded the long term global scale rating of Mercedes-Benz South Africa Limited's ("MBSA") backed senior unsecured domestic medium-term note (DMTN) program to (P)Baa1 from (P)A3. Concurrently, it affirmed the backed other short-term global scale rating at (P)P-2. Moody's also affirmed MBSA's backed senior unsecured MTN long term national scale program rating of Aaa.za and the backed other short term national scale rating of P-1.za.
A German court on Thursday referred a patent licensing dispute between Finnish telecoms equipment maker Nokia and German carmaker Daimler to the European Court of Justice to clarify the law as it applies to supply chains. The Duesseldorf Regional Court said it would suspend proceedings in Nokia's fight against Daimler over royalties for technology used in navigation systems, vehicle communications and self-driving cars. The long-running row revolves around standard technologies used in 4G mobile networks that provide information to vehicles known as connected cars, and whether Nokia is licensing them on fair, reasonable and non-discriminatory (FRAND) terms.
Its market capitalization is a modest $932 million, and last year it reported barely selling any electric cars. It has been a bumpy ride, The stock nearly doubled in the first four days of the past week, after an announcement from the Texas Commission on Environmental Quality that two models that Kandi plans to launch in the U.S. qualify for tax rebates. Then, on Friday morning, the shares plunged more than 20% after the company said it would raise $100 million through a private placement of stock—the second market-jolting placement in two weeks.