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Why Is It Moving? Looking At Kandi Technologies Gr's Price Action Today

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Kandi Technologies Gr’s Stock Price And Volume Action

Kandi Technologies Gr (NASDAQ: KNDI) is currently up 4.95% to a price of $7.58. The stock’s current volume for the day is 8.42 million, which is approximately 43.84% of its previous 30-day average volume of 19.20 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Kandi Technologies shares are trading higher after the company announced it entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China.

Insights On Recent Price Action

The stock’s 50-day moving average was $8.53 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $17.45 and fallen to a low of $2.17.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

 

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