17 institutions hold shares in Kaixin Auto Holdings (KXIN), with 44.53M shares held by insiders accounting for 74.65% while institutional investors hold 5.93% of the company’s shares. The shares outstanding are 59.65M, and float is at 10.95M with Short Float at 7.35%. Institutions hold 1.50% of the Float.
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The top institutional shareholder in the company is Susquehanna Fundamental Investments, LLC with over 0.25 million shares valued at $0.95 million. The investor’s holdings represent 0.41% of the KXIN Shares outstanding. As of Dec 30, 2020, the second largest holder is Jane Street Group, LLC with 0.21 million shares valued at $0.77 million to account for 0.34% of the shares outstanding. The other top investors are Mint Tower Capital Management B.V. which holds 100000.0 shares representing 0.16% and valued at over $0.37 million, while Schonfeld Strategic Advisors LLC holds 0.15% of the shares totaling 89500.0 with a market value of $0.33 million.
Kaixin Auto Holdings (NASDAQ: KXIN) is -21.18% lower on its value in year-to-date trading and has touched a low of $0.40 and a high of $13.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KXIN stock was last observed hovering at around $3.04 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $2.94, the stock is -10.83% and -18.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing -3.29% at the moment leaves the stock 8.86% off its SMA200. KXIN registered 203.09% gain for a year compared to 6-month gain of 477.60%. The firm has a 50-day simple moving average (SMA 50) of $3.4885 and a 200-day simple moving average (SMA200) of $3.5710.
The stock witnessed a 2.08% loss in the last 1 month and extending the period to 3 months gives it a -26.32%, and is -17.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.62% over the week and 9.22% over the month.
Kaixin Auto Holdings (KXIN) has around 279 employees, a market worth around $186.37M and $163.40M in sales. Distance from 52-week low is 634.82% and -78.06% from its 52-week high.
Kaixin Auto Holdings (KXIN) Analyst Forecasts
Kaixin Auto Holdings (KXIN) Insider Activity
A total of 1 insider transactions have happened at Kaixin Auto Holdings (KXIN) in the last six months, with sales accounting for 1 and purchases happening 0 times. The most recent transaction is an insider sale by Shareholder Value Fund, the company’s 10% Owner. SEC filings show that Shareholder Value Fund sold 160,000 shares of the company’s common stock on Nov 13 at a price of $3.15 per share for a total of $0.5 million. Following the sale, the insider now owns 9.25 million shares.