Know Labs (NYSEAMERICAN:KNW) Trading Up 7.4% – Still a Buy?

Know Labs, Inc. (NYSEAMERICAN:KNW) shares shot up 7.4% during mid-day trading on Tuesday . The stock traded as high as $0.53 and last traded at $0.52. 500,434 shares traded hands during trading, an increase of 81% from the average session volume of 276,324 shares. The stock had previously closed at $0.49.

Know Labs Price Performance

The company has a 50 day simple moving average of $0.49. The firm has a market capitalization of $58.16 million, a price-to-earnings ratio of -2.62 and a beta of 1.54.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Know Labs stock. Jane Street Group LLC bought a new position in shares of Know Labs, Inc. (NYSEAMERICAN:KNW) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 184,518 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned about 0.17% of Know Labs at the end of the most recent quarter. Institutional investors own 23.96% of the company’s stock.

About Know Labs

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.