Kandi Technologies Group, Inc. (NASDAQ:KNDI) is reporting third quarter financial results on Monday 9th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, KNDI is expected to report 3Q20 loss of $ 0.11 per share from revenue of $ 21.60 million.
For the full year, analysts anticipate top line of $ 80.50 million, while looking forward to income of $ 0.19 per share bottom line.
Previous Quarter Performance
Kandi Technologies Group, Inc. posted loss for the second quarter of $ 0.06 per share, from the revenue of $ 19.44 million.
Stock Performance
On Friday, shares of Kandi Technologies Group, Inc. has traded high as $ 10.01 and has cracked $ 9.10 on the downward trend, reaching $ 9.39 with volume of 10.85 million shares.
According to the previous trading day, closing price of $ 9.39, representing a 311.06 % increase from the 52 week low of $ 2.17 and a 48.74 % decrease over the 52 week high of $ 17.40.
The company has a market capital of $ 512.80 million and is part of the Consumer Cyclical sector and Auto Manufacturers industry.
Conference Call
Kandi Technologies Group, Inc. will be hosting a conference call at 8:00 AM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kandivehicle.com
Kandi Technologies Group, Inc., through its subsidiaries, designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts and off-road vehicles in the Peoples Republic of China and internationally. It offers off-road vehicles, including go-karts, all-terrain vehicles, utility vehicles, and other vehicles for sale to distributors or consumers; and EV parts comprising battery packs, EV drive motors, EV controllers, air conditioners, and other electric products. The company was formerly known as Kandi Technologies, Corp.
