Kaixin (NASDAQ:KXIN – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $181.40 EPS for the quarter, FiscalAI reports. The company had revenue of $0.02 million for the quarter.
Kaixin Stock Performance
Kaixin stock opened at $6.00 on Thursday. The firm’s 50-day moving average is $11.02 and its 200-day moving average is $151.55. Kaixin has a 1 year low of $4.10 and a 1 year high of $832.50.
Analyst Ratings Changes
A number of research firms have commented on KXIN. Wall Street Zen downgraded shares of Kaixin from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Kaixin in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.
About Kaixin
Kaixin Auto Holdings, Inc (NASDAQ: KXIN) is a China-based integrated automotive services company primarily engaged in the distribution and financing of passenger vehicles. The company’s core business lines include new car sales through a network of franchised dealerships, used-vehicle trade-ins and resale, as well as a full suite of after-sales services such as maintenance, repair and parts supply. By combining vehicle distribution with complementary services, Kaixin aims to capture value across the entire ownership lifecycle.
Founded in 2014 and headquartered in Chengdu, Sichuan Province, Kaixin has expanded its footprint across central and western regions of China.
Further Reading
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