Shares of Kaixin Holdings (NASDAQ:KXIN – Get Free Report) shot up 12.4% during trading on Friday . The stock traded as high as $1.11 and last traded at $1.00. 444,529 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 574,968 shares. The stock had previously closed at $0.89.
Kaixin Stock Up 12.4 %
The company has a fifty day simple moving average of $0.97 and a two-hundred day simple moving average of $1.70.
Kaixin Company Profile
Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the People's Republic of China. It focuses on automobiles brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. The company is headquartered in Beijing, the People's Republic of China.
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