|Bid||5.55 x 1800|
|Ask||5.63 x 3000|
|Day's Range||5.41 - 5.64|
|52 Week Range||2.90 - 17.45|
|Beta (5Y Monthly)||2.14|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 03, 2021 - Jun 07, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.00|
By M. Marin NASDAQ:KNDI READ THE FULL KNDI RESEARCH REPORT Kandi Technologies (NASDAQ:KNDI) reported 2020 results last week, with revenue coming in at $76.9 million compared to $135.7 million in 2019. As we have indicted in previous notes, revenue pressure largely reflects the economic impact of COVID-19. Revenue pressure on the company’s single largest product category, electric vehicles (EV)
What happened Shares of Kandi Technologies Group (NASDAQ: KNDI) dipped 11.7% in March, according to data from S&P Global Market Intelligence. The Chinese electric vehicle (EV) company announced new product lines in the month, but it sold off in conjunction with a broader pullback of valuations for companies in the EV space.
It is now my pleasure to turn the call over to Kewa Luo. Thank you for joining us on today's conference call to discuss Kandi's results for the full-year 2020. On the call with me today are Mr. Hu Xiaoming, our founder, chairman, and chief executive officer; and Mr. Alan Lim, our chief financial officer.