Kaixin (NASDAQ:KXIN) Stock Rating Upgraded by Wall Street Zen

Kaixin (NASDAQ:KXIN) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Monday, Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Kaixin in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Kaixin Stock Up 21.7%

NASDAQ KXIN opened at $1.68 on Monday. Kaixin has a twelve month low of $0.54 and a twelve month high of $832.50. The stock has a 50-day moving average of $2.62 and a 200 day moving average of $4.42.

Kaixin (NASDAQ:KXIN) last issued its quarterly earnings results on Wednesday, September 16th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $0.33 million during the quarter.

Kaixin Company Profile

Kaixin Auto Holdings (NASDAQ: KXIN) is a China-based automotive company whose business has historically centered on the retail and distribution of used automobiles. The company has focused particularly on premium and luxury vehicles, serving customers through dealerships and related automotive sales channels.

In addition to vehicle sales, Kaixin has offered services associated with automobile ownership and transactions, including vehicle financing, aftermarket services and other dealership-related activities.