Kaixin (NASDAQ:KXIN – Get Free Report) released its earnings results 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 Down 2.2%
Shares of NASDAQ KXIN opened at $5.82 on Wednesday. Kaixin has a 12-month low of $4.10 and a 12-month high of $832.50. The company has a 50-day moving average of $15.01 and a 200 day moving average of $152.58.
Wall Street Analysts Forecast Growth
KXIN has been the subject of a number of research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Kaixin in a research note on Thursday, January 22nd. Wall Street Zen cut shares of Kaixin from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Kaixin Company Profile
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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