With a market cap of $232 million USD, Chinese automaker Kandi Technologies Group (NASDAQ:KNDI) is a small-cap play in the popular Electric Vehicles (EV) market. KNDI stock currently sells for $4.42 USD but earlier in the year, it skyrocketed to just over $9.
The question for investors becomes—is this a small-cap play that could reach those highs again, if not even further?
KNDI StockSelling for less than $5 a share puts Kandi Technologies Group in penny stocks territory. It’s an ambiguous place to be—especially in a market that is so dominated by giants ...
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