State Street Corp Sells 46,361 Shares of Kandi Technologies Group, Inc. (NASDAQ:KNDI)

State Street Corp trimmed its position in Kandi Technologies Group, Inc. (NASDAQ:KNDI) by 78.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 12,424 shares of the company’s stock after selling 46,361 shares during the period. State Street Corp’s holdings in Kandi Technologies Group were worth $26,000 as of its most recent filing with the Securities and Exchange Commission.

Kandi Technologies Group Stock Performance

Shares of KNDI opened at $1.05 on Friday. The company has a market capitalization of $90.38 million, a PE ratio of -13.13 and a beta of 1.38. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.26 and a quick ratio of 2.55. Kandi Technologies Group, Inc. has a one year low of $0.89 and a one year high of $3.13. The company’s fifty day moving average price is $1.15 and its 200 day moving average price is $1.57.

Kandi Technologies Group Company Profile

Kandi Technologies Group, Inc engages in designing, developing, manufacturing, and commercializing electric vehicle (EV) products and parts in the People's Republic of China and the United States. It offers also off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and battery packs and smart battery swap system.