Know Labs, Inc. (NYSEAMERICAN:KNW – Get Free Report)’s share price rose 3.8% during trading on Tuesday . The stock traded as high as $2.17 and last traded at $2.1390. Approximately 612,050 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 4,376,964 shares. The stock had previously closed at $2.06.
Know Labs Stock Performance
The company’s fifty day simple moving average is $2.14 and its two-hundred day simple moving average is $2.14. The stock has a market capitalization of $16.04 million, a PE ratio of -0.33 and a beta of 1.83.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Know Labs stock. Corient Private Wealth LLC bought a new stake in Know Labs, Inc. (NYSEAMERICAN:KNW – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 50,000 shares of the company’s stock, valued at approximately $99,000. Corient Private Wealth LLC owned approximately 0.67% of Know Labs as of its most recent filing with the Securities and Exchange Commission. 23.96% of the stock is currently owned by institutional investors.
About Know Labs
Know Labs, Inc (NYSE American: KNW) is a life sciences company developing non?invasive sensing solutions based on its proprietary Bio?RFID platform. The technology employs low?power radio?frequency spectroscopy to scan the skin, enabling the detection of biochemical markers such as blood glucose, hydration levels and alcohol concentration without the need for blood draws or fingersticks. By applying sophisticated signal?processing algorithms to reflected electromagnetic waves, the company aims to deliver real?time, continuous monitoring devices that could transform standard practices in healthcare and wellness.
The company is focused on advancing its flagship prototype devices through clinical validation studies and regulatory pathways.
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