Kandi Technologies Group (KNDI) Getting Somewhat Favorable Media Coverage, Report Finds

Headlines about Kandi Technologies Group (NASDAQ:KNDI) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kandi Technologies Group earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.1266439286024 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Kandi Technologies Group (NASDAQ:KNDI) opened at 4.35 on Wednesday. Kandi Technologies Group has a 12-month low of $3.40 and a 12-month high of $6.50. The company’s market capitalization is $208.89 million. The firm’s 50-day moving average is $3.85 and its 200-day moving average is $4.04.

Kandi Technologies Group (NASDAQ:KNDI) last posted its quarterly earnings results on Wednesday, August 9th. The company reported ($0.20) EPS for the quarter. The business had revenue of $27.33 million for the quarter. Kandi Technologies Group had a negative return on equity of 23.14% and a negative net margin of 81.68%.

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Kandi Technologies Group Company Profile

Kandi Technologies Group, Inc (Kandi) is focused on the development of pure electric vehicle (EV) products and manufacturing electric vehicle’s parts. The Company’s business operations are the design, development, manufacturing and commercialization of electric vehicles, electric vehicle parts and off-road vehicles, which are distributed in China and global markets.

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