K-Tech Solutions Company Limited (NASDAQ:KMRK) Sees Significant Decrease in Short Interest

K-Tech Solutions Company Limited (NASDAQ:KMRK – Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 8,581 shares, a decrease of 36.6% from the August 31st total of 13,528 shares. Based on an average daily volume of 11,976 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the company’s stock are sold short.

K-Tech Solutions Stock Performance

Shares of K-Tech Solutions stock opened at $1.09 on Friday. K-Tech Solutions has a 12-month low of $0.78 and a 12-month high of $6.59. The company has a quick ratio of 3.69, a current ratio of 3.69 and a debt-to-equity ratio of 0.10. The stock has a 50 day moving average price of $1.09 and a two-hundred day moving average price of $1.60.

K-Tech Solutions (NASDAQ:KMRK – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.02 EPS for the quarter. The firm had revenue of $2.63 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of K-Tech Solutions from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

View Our Latest Analysis on K-Tech Solutions

About K-Tech Solutions

(Get Free Report)

We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational toys and learning kits. We started our operation in 2016 and have developed relationships with our customers mainly located in European and North American countries which possess renowned brands and intellectual properties in toy products.

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