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

K-Tech Solutions Company Limited (NASDAQ:KMRK) was the recipient of a significant decrease in short interest during the month of 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 94,871 shares, the days-to-cover ratio is presently 0.2 days.

K-Tech Solutions Price Performance

Shares of KMRK opened at $1.43 on Tuesday. The stock has a 50 day moving average price of $1.15 and a 200 day moving average price of $1.63. The company has a quick ratio of 3.69, a current ratio of 3.69 and a debt-to-equity ratio of 0.10. K-Tech Solutions has a 52-week low of $0.78 and a 52-week high of $6.59.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded K-Tech Solutions from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, K-Tech Solutions has an average rating of “Sell”.

K-Tech Solutions Company Profile

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.