Brokerage Recommendations: Ambev S.A. (NYSE:ABEV), Kandi Technologies Group, Inc. (NASDAQ:KNDI)

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Ambev S.A. (NYSE:ABEV) went higher by +1.38% to close at $ 5.88. The company exchanged total volume of 12.18 million shares throughout course of last trade however it holds an average trading capacity of 13.67 million shares. Shares of company began trading at $5.88 climbed to high of $5.92 touched the low of $5.82.

The company is trading above its 50-day moving averages of 5.57 and up from 200-day moving averages of 5.04. The firm has price to book ratio of 6.52 and its price to sale ratio was 6.46.

Ambev S.A.’s (ABEV) has price to sale ratio of 6.42.. A look on the firm performance, its monthly performance is 10.73% and a quarterly performance of 10.32%. The stock price is moving up from its 20 days moving average with 4.38% and isolated positively from 50 days moving average with 7.45%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. Currently shares have been suggested as “BUY” from “1” brokerage firms and recommended as “Strong Buy” by “1” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2.25” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

Kandi Technologies Group, Inc. (NASDAQ:KNDI) surged +5.00% and closed the trade at $ 7.35. The company recorded a trading capacity of 1.36 million shares above its three months average daily volume of 310.86 thousand shares. During the last trade, shares reached to high price of $7.69 and touched the low price of $7.23. The stock’s 50-day moving average is noted at $7.01 and its 200-day moving average is stands at $7.49.

Additionally, the company has a PE ratio of 40.16 and has EPS of 0.18. The company has market capitalization of $350.51M.

Kandi Technologies Group, Inc.  (KNDI), reported that Kandi Electric Vehicles Group Co., Ltd. (the “JV Company”, a 50/50 joint venture between Kandi and Geely Automobile Holdings Ltd.) achieved strong sales results in pure electric vehicles (“EVs”) in the q2 ended June 30, 2016 and expects to exceed its before reported sales forecast of 5,500 to 6,000 EV products by about 10%.

The average true range of Kandi Technologies Group, Inc.’s (KNDI) is recorded at 0.32 and the relative strength index of the stock stands 60.58. The stock price is going above to its 52 week low with 45.54% and lagging behind from its 52 week high with -38.75%.. A look on the firm performance, its monthly performance is 5.00% and a quarterly performance of -9.48%. The stock price is trading downbeat from its 200 days moving average with -8.15% and up from 50 days moving average with 6.51%.



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