Kaixin Holdings (NASDAQ:KXIN – Get Free Report) shares rose 12.4% on Friday . The company traded as high as $1.11 and last traded at $1.00. Approximately 444,529 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 574,968 shares. The stock had previously closed at $0.89.
Kaixin Stock Up 12.4 %
The company’s fifty day moving average price is $0.97 and its two-hundred day moving average price is $1.67.
About Kaixin
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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