Kaixin (NASDAQ:KXIN) Trading Up 4.9%

Kaixin Holdings (NASDAQ:KXINGet Free Report)’s stock price was up 4.9% during mid-day trading on Thursday . The stock traded as high as $0.14 and last traded at $0.13. Approximately 791,753 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 1,108,644 shares. The stock had previously closed at $0.13.

Kaixin Price Performance

The firm’s 50-day moving average is $0.20 and its 200-day moving average is $0.83.

About Kaixin

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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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