Kaixin (NASDAQ:KXIN) Shares Down 7.1%

Kaixin Holdings (NASDAQ:KXINGet Free Report) shares dropped 7.1% during mid-day trading on Friday . The stock traded as low as $0.13 and last traded at $0.13. Approximately 1,464,731 shares were traded during trading, a decline of 46% from the average daily volume of 2,718,492 shares. The stock had previously closed at $0.14.

Kaixin Stock Down 7.1 %

The company’s 50 day moving average price is $0.15 and its 200 day moving average price is $0.33.

Kaixin Company Profile

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Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the People's Republic of China. It focuses on automobiles brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. The company is headquartered in Beijing, the People's Republic of China.

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