K-Tech Solutions Company Limited (NASDAQ:KMRK) Short Interest Down 36.3% in June

K-Tech Solutions Company Limited (NASDAQ:KMRK) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 178,806 shares, a decrease of 36.3% from the June 15th total of 280,654 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average trading volume of 2,395,162 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of K-Tech Solutions in a research report on Monday, June 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, K-Tech Solutions currently has a consensus rating of “Sell”.

K-Tech Solutions Trading Down 3.2%

KMRK traded down $0.04 on Friday, hitting $1.06. 41,187 shares of the company’s stock were exchanged, compared to its average volume of 409,664. K-Tech Solutions has a fifty-two week low of $0.78 and a fifty-two week high of $6.59. The firm has a 50-day moving average price of $1.58 and a 200-day moving average price of $1.86.

K-Tech Solutions (NASDAQ:KMRK) last posted its quarterly earnings results on Thursday, April 16th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $5.44 million for the quarter.

About K-Tech Solutions

We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational toys and learning kits. We started our operation in 2016 and have developed relationships with our customers mainly located in European and North American countries which possess renowned brands and intellectual properties in toy products.