Know Labs (NYSEAMERICAN:KNW) Trading 3.8% Higher – Still a Buy?

Shares of Know Labs, Inc. (NYSEAMERICAN:KNW) were up 3.8% on Wednesday . The stock traded as high as $2.17 and last traded at $2.1390. Approximately 612,050 shares were traded during mid-day trading, an increase of 60% from the average daily volume of 381,756 shares. The stock had previously closed at $2.06.

Know Labs Trading Up 3.8%

The business has a 50-day moving average price of $2.14 and a 200-day moving average price of $2.00. The firm has a market cap of $16.04 million, a P/E ratio of -0.33 and a beta of 1.83.

Institutional Investors Weigh In On Know Labs

Several large investors have recently modified their holdings of KNW. United Capital Management of KS Inc. purchased a new stake in shares of Know Labs in the 2nd quarter worth approximately $49,000. Bard Financial Services Inc. purchased a new position in Know Labs during the third quarter valued at approximately $80,000. Corient Private Wealth LLC bought a new position in Know Labs in the second quarter worth approximately $99,000. Finally, Cerity Partners LLC purchased a new stake in Know Labs during the second quarter worth $158,000. Institutional investors own 23.96% of the company’s stock.

Know Labs Company Profile

Know Labs, Inc, together with its subsidiaries, focuses on the development and commercialization of proprietary sensor technology by radio and microwave spectroscopy in the United States. The company's proprietary platform technologies include ChromaID and Bio-RFID technologies that utilizes electromagnetic energy to detect, record, identify, and measure the signature of said materials or analytes.