Kaixin (NASDAQ:KXIN) Trading Down 6.1% – Should You Sell?

Kaixin Holdings (NASDAQ:KXINGet Free Report)’s share price fell 6.1% during trading on Tuesday . The stock traded as low as $1.31 and last traded at $1.32. 308,746 shares changed hands during trading, an increase of 27% from the average session volume of 243,842 shares. The stock had previously closed at $1.40.

Kaixin Price Performance

The stock has a 50 day moving average price of $1.54 and a two-hundred day moving average price of $4.26.

Kaixin Company Profile

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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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