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How to Buy Kandi Technologies Group Stock

Kandi Technologies Group Inc

Kandi Technologies Group, Inc. designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts, and off-road vehicles in the People's Republic of China and internationally.

Kandi Technologies Group stock last closed at $2.61, down 2.97% from the previous day, and has decreased 10.92% in one year. It has underperformed other stocks in the Auto Parts industry by 0.05 percentage points. Kandi Technologies Group stock is currently +30.5% from its 52-week low of $2.00, and -38.88% from its 52-week high of $4.27.

There are currently 87.36M shares of KNDI outstanding. The market capitalization of KNDI is $228.00M. In the past 24 hours, 87,462 KNDI shares were traded.

How to Buy Kandi Technologies Group Stock

Not sure how to invest in Kandi Technologies Group stock? Here's how.
  1. Figure out where to buy Kandi Technologies Group stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Kandi Technologies Group stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your payment method and add your info.
  4. Analyze Kandi Technologies Group stock: The Kandi Technologies Group ticker symbol is KNDI. Is Kandi Technologies Group stock a good investment? Should you buy shares of KNDI? How do KNDI's underlying business fundamentals look? Do top analysts think Kandi Technologies Group is a good buy? Why has KNDI's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if KNDI is a good stock to buy).
  5. Place your KNDI buy order: Decide if you will purchase KNDI shares at the current market price or use a limit order to buy KNDI shares at a particular price.
  6. Get notifications regarding your KNDI investment: Create a watchlist to monitor your position in Kandi Technologies Group shares.

Step 1: Figure out where to buy Kandi Technologies Group stock

You will need an online brokerage account in order to access the NASDAQ market and buy KNDI stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal information so you are able to invest in KNDI today.

How to Set Up a New Account on eToro

  1. Click here to get started.
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  2. Enter your personal data to open your new trading account.
  1. Send your application by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've finished signing up on stock market apps, you can securely and quickly fund your account:

Watch the tutorial below if you need help depositing funds into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Kandi Technologies Group stock

Once you have selected the best place to buy Kandi Technologies Group stock, it's important to analyze their stock prior to investing, so you can understand the risk as well as the upside.

Overview of key KNDI info

KNDI Price
$2.61
1w %
2.35%
1y %
-10.92%
5y %
-51.67%
P/E
130.5x
P/B
0.56x
P/S
1.66x
PEG
N/A
Revenue
$123.60M
Earnings
$7.13k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$228.00M
Next Earnings
May 8, 2024
Next Dividend
N/A

Kandi Technologies Group Due Diligence Checks

WallStreetZen was built to help average investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on KNDI's stock page.

Is KNDI stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge KNDI's true value.

Using relative valuations ratios:

  • KNDI could be undervalued based on its P/E ratio of 130.5x, relative to Auto Parts industry P/E ratio of -143.88x
  • KNDI may be undervalued based on its P/B ratio of 0.56x, relative to Auto Parts industry P/B ratio of 1.78x

You can do more valuation research on KNDI's stock here.

Is KNDI a healthy company?

Pros:

  • Total KNDI debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the KNDI balance sheet.
  • KNDI has a low debt to equity ratio of 0.22.
  • KNDI has cash burn of 114408333. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the KNDI balance sheet.
  • KNDI profit margin has gone up from -10.3% to 0% in the past year.

Cons:

  • KNDI has $252.05M in cash and short term investments. This is not sufficient to cover its annual cash burn of $114.41M.

KNDI Technicals

SMA10
2.48
SMA20
2.29
SMA50
2.35
SMA100
2.54
SMA200
2.95
MACD
0.09
MACD Signal
0.03
MACD Histogram
0.06
RSI
63.85
Stochastic %K
64.5
Stochastic %D
59.19
StochRSI %K
82.48
StochRSI %D
79.87

Is KNDI Growing Revenue?

Last year, KNDI earnings were $7.13k. Over the last two year, KNDI's earnings have grown by -74.18% per year. This was slower than the Auto Parts industry average of 5.12%.

Last year, KNDI revenue was $123.60M. In the past five year, KNDI's revenue has increased by 1.91% per year. This was slower than the Auto Parts industry average of 9.17%.

Learn more about KNDI's earnings and revenue performance here.

Are KNDI executives and large shareholders buying or selling the stock?

In the past 12 months, executives and large shareholders at KNDI have not bought or sold any shares.

Learn more about who owns KNDI stock here.

Does KNDI provide a stable income stream?

No, Kandi Technologies Group doesn't provide an income stream by paying out dividends.

What do other traders have to say about KNDI?

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your KNDI buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price, place a limit order.

Hit the Open button and your broker will place your order.

If you want additional assistance buying stocks on eToro, click the how to video below:

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Step 6: Get notifications regarding your KNDI investment

Now that you own some KNDI stock, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to track the most important metrics related to your KNDI stock.

KNDI Feed

How to Buy Stock in Kandi Technologies Group

To summarize, here are the 6 steps for buying Kandi Technologies Group stock:

  1. Figure out where to buy Kandi Technologies Group stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Kandi Technologies Group stock
  5. Place your KNDI buy order
  6. Get notifications regarding your KNDI investment

If you require a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your new investment in Kandi Technologies Group, create a watchlist on WallStreetZen today.

NASDAQ: KNDI
$2.61-0.08 (-2.97%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: KNDI
$2.61-0.08 (-2.97%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Kandi Technologies Group share?

As of Apr 26, 2024, it costs $2.61 to buy one share of Kandi Technologies Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.383 shares of KNDI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Kandi Technologies Group stock?

One way to place an order for Kandi Technologies Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.