Know Labs (NYSEAMERICAN:KNW) Trading Up 20.7% – Should You Buy?

Shares of Know Labs, Inc. (NYSEAMERICAN:KNW) were up 20.7% during trading on Tuesday . The stock traded as high as $0.19 and last traded at $0.19. Approximately 6,570,850 shares traded hands during 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 Down 13.3 %

The company has a market cap of $17.75 million, a P/E ratio of -0.82 and a beta of 1.50.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Know Labs stock. PFG Investments LLC increased its holdings in Know Labs, Inc. (NYSEAMERICAN:KNW) by 886.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 976,838 shares of the company’s stock after buying an additional 877,838 shares during the period. PFG Investments LLC owned about 0.98% of Know Labs worth $280,000 as of its most recent filing with the SEC. Institutional investors own 23.96% of the company’s stock.

Know Labs Company Profile

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.