8.70 +0.02 (0.23%)
After hours: 6:36PM EST
|Bid||8.65 x 1000|
|Ask||8.70 x 800|
|Day's Range||8.28 - 9.21|
|52 Week Range||3.54 - 9.21|
|Beta (3Y Monthly)||1.98|
|PE Ratio (TTM)||108.50|
|Earnings Date||Mar 14, 2019 - Mar 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.59|
Here are five stocks under $10 that seem to have some substance behind them, and may be worth a look if you're in to cheap stocks. Chinese automaker Kandi Technologies Group Inc. (KNDI) is one of those names that has been bandied about for years as a small-cap stock on the verge of a massive breakout. Given the breakout of Tesla Inc. (TSLA) on the EV craze, along with Kandi's presence in the high-potential marketplace of China, what's not to like?
Kandi Technologies said the National Highway Traffic Safety Administration approved its Model EX3 and Model K22 electric vehicles for importation to the U.S.
Shares of China-based Kandi Technologies Group Inc. surged on Wednesday after the U.S. National Highway Traffic Safety Administration gave the nod for the carmaker to sell its electric vehicles in the United States. Kandi shares jumped more than 40% on the Nasdaq Stock Exchange after the NHTSA said it had approved the company's request to sell its Model EX3 and Model K22 EVs in the U.S.
The National Highway Traffic Safety Administration has given the go-ahead to two of Kandi's vehicles for importation. Here's what investors need to know.
Shares of Kandi Technologies Group rocketed up more than 35 percent in trading Wednesday after the Chinese electric automaker announced it received approval to import two of its cars to the United States.
The stock gain follows NHTSA's approval of Kandi Technologies Group's bid to ship its Model EX3 and Model K22 cars to the U.S. The Chinese electric auto maker believes its cars "are competitive in price and quality" to electric vehicles in the U.S. Shares of Kandi Technologies Group KNDI rocketed more than 40 percent Wednesday after the Chinese electric car maker announced it has received approval to import two of its cars to the United States.
Shares of China-based Kandi Technologies Group Inc. rocketed 22% in active morning trade toward a 13-month high Wednesday, after the car maker said Kandi-branded electric vehicles have been approved for importation into the U.S. by the National Highway Traffic Safety Administration (NHTSA). The approved EVs are the Model EX3 and Model K22. "With this, we are confident in introducing our reliable vehicles to the American public," said Kandi Chief Executive Hu Xiaoming. "We believe both the EX3 and K22 are competitive in price and quality with advanced tech features that are in demand by American consumers." Shares of EV rival Tesla Inc. slipped 0.8%. Kandi's stock has run up 34% over the past 12 months, while Tesla shares have lost 9.5% and the S&P 500 has gained 2.4%.
Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that Kandi brand electric vehicle (“EV”) Model EX3 and Model K22 have been approved for importation and registration in the USA by the National Highway Traffic Safety Adminstration (“NHTSA”). More information can be found by visiting the NHTSA’s website at https://vpic.nhtsa.dot.gov, clicking the “vPIC Decoder” link and entering 7KZ in the Vehicle Identification Number (“VIN”) field. Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi commented, “we are thrilled Kandi Model EX3 and Model K22 received approval from the NHTSA.
In-depth Report details Kandi Tech,(NASDAQ-KNDI) grossly undervalued based on 50% Kandi-Geely China EV JV valued at least $3 Billion based on comparison with 7 EV Companies less advanced but receiving China EV Private Equity Financing totaling $11 B
Abstract: Mid December, I published an article Titled: “ Based on China EV Maker NIO’s US IPO Pricing Model, — Here Is A Documented Case For The Upcoming Kandi-Geely JV Public Offering To Take Partner Kandi Technologies (KNDI) Stock To At Least $24 ...
JINHUA, China, Feb. 04, 2019 -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), announced today that Kandi Electric Vehicles Group Co., Ltd. (the.
Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), announced today that Mr. Mei Bing, resigned from the Chief Financial Officer position for his personal reasons, to pursue other opportunities effective January 29, 2019. Mr. Mei’s resignation is not the result of any dispute or disagreement with the Company. The board has appointed Ms. Zhu Xiaoying as interim Chief Financial Officer, effective January 29, 2019.
JINHUA, China, Jan. 29, 2019 -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), announced today that Kandi Electric Vehicles Group Co., ...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that Kandi Electric Vehicles Co., Ltd. (the “JV Company”, an equally held joint venture by Kandi Vehicles and Geely Group, Ltd.) led the efforts in organizing a five-year online ride-sharing service alliance in Hangzhou on January 13, 2019 (the “Online Ride-sharing Service Alliance”). The Online Ride-sharing Alliance was initiated by Zhejiang Ruibo New Energy Vehicle Service Company Ltd. (“Zhejiang Ruibo”). Its goal is to provide 300,000 government-accredited vehicles within five years.
Kandi electric cars will soon arrive in the U.S. The Chinese automaker says the cars will be competitively priced, starting at less than $20,000.
NEW YORK, NY / ACCESSWIRE / January 10, 2019 / U.S. markets rose for the fourth consecutive session on Wednesday as minutes released from the Federal Reserve's meeting in December showed the Fed would ...
Kandi Technologies (NASDAQ:KNDI) stock is soaring more than 20% on Wednesday following the news that a company's key electric vehicle project with a carmaker has garnered approval. The Jinhua, China-based company said on hump day that its joint venture automaker Geely has received approval from the Jiangsu Development and Reform Commission in regards to the company's annual capacity of 50,000 pure electric vehicles project. The move marks a milestone for Kandi Technologies, according to it. The approval was given to the company as long as it follows the provisions of Announcement No. 22, which dictates the regulations on the administration of the investment in the automobile industry. "Kandi Jiangsu's EV Project application was assigned to the Jiangsu Provincial Development and Reform Commission to review and approve," the press release read. InvestorPlace - Stock Market News, Stock Advice & Trading Tips "This approval of Kandi's EV Project marks a milestone for the Company," according to Hu Xiaoming, chairman and CEO of Kandi Technologies. "In light of the positive outcome, this will be one of the many milestones in 2019 which will enhance Kandi's brand value and competitiveness, and in turn, driving Kandi's EV business growth to the next level." KNDI stock is soaring about 21.7% as of the end of trading on Wednesday afternoon. The stock was relatively unmoved after the bell on the day following the news, although expect some movement from the China-based company over the coming days in light of this development. ### More From InvestorPlace * 7 A-Rated Tech Stocks That Will Power Innovation in 2019 * 10 Stocks That Won Big In 2018 * 10 Hot Companies Going Public in 2019 Compare Brokers The post Kandi Technologies News: Why KNDI Stock Is Soaring Today appeared first on InvestorPlace.
JINHUA, China, Jan. 09, 2019 -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that Kandi Electric Vehicles Jiangsu Co.,.
Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that its wholly-owned subsidiary Kandi Electric Vehicles (Hainan) Co., Ltd., (“Kandi Hainan”) received a third subsidy payment of RMB 100 million (approximately USD 14.5 million*) from the Hainan Provincial Government. Pursuant to an agreement with the Hainan Provincial Government, Kandi Hainan was granted a total of RMB 300 million (approximately USD 43.5 million*) in subsidy payments to support its research and development expenditures for a new electric vehicle ("EV") model. To date, Kandi Hainan has received the entire subsidy totaling RMB 300 million (approximately USD 43.5 million*).
A logical discussion why KNDI with only a $218 current market cap will vault to $1.5 billion based on the equity value alone when its 50-50 JV with Geely Holdings comes public in 2019
If you want to know who really controls Kandi Technologies Group Inc (NASDAQ:KNDI), then you’ll have to look at the makeup of its share registry. Institutions will often hold stock Read More...