Kaixin (NASDAQ:KXIN) Shares Down 6% – Here’s What Happened

Kaixin Holdings (NASDAQ:KXINGet Free Report)’s stock price traded down 6% on Monday . The company traded as low as $0.82 and last traded at $0.85. 310,758 shares traded hands during trading, a decline of 47% from the average session volume of 584,874 shares. The stock had previously closed at $0.90.

Kaixin Stock Performance

The firm has a 50-day moving average of $0.94 and a 200 day moving average of $1.09.

About Kaixin

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Kaixin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kaixin and related companies with MarketBeat.com's FREE daily email newsletter.