Know Labs (NYSEAMERICAN:KNW) Shares Up 20.7% – Still a Buy?

Know Labs, Inc. (NYSEAMERICAN:KNW) shares were up 20.7% on Tuesday . The company traded as high as $0.19 and last traded at $0.19. Approximately 6,570,850 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 11,854,487 shares. The stock had previously closed at $0.16.

Know Labs Trading Up 20.7 %

The company has a market capitalization of $20.46 million, a price-to-earnings ratio of -0.95 and a beta of 1.50.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Know Labs stock. PFG Investments LLC boosted its stake in Know Labs, Inc. (NYSEAMERICAN:KNW) by 886.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 976,838 shares of the company’s stock after purchasing an additional 877,838 shares during the period. PFG Investments LLC owned about 0.98% of Know Labs worth $280,000 at the end of the most recent quarter. 23.96% of the stock is owned by institutional investors.

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.