K-Tech Solutions Company Limited (NASDAQ:KMRK) Stock Short Interest Report for September

K-Tech Solutions Company Limited (NASDAQ:KMRK) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 82,609 shares, a growth of 862.7% from the September 15th total of 8,581 shares. Based on an average daily volume of 321,525 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

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

K-Tech Solutions Stock Up 3.5%

Shares of KMRK traded up $0.04 during trading hours on Friday, hitting $1.18. 73,199 shares of the company were exchanged, compared to its average volume of 190,950. The firm’s 50 day moving average is $1.11 and its 200-day moving average is $1.58. K-Tech Solutions has a 52 week low of $0.78 and a 52 week high of $6.59. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.69 and a current ratio of 3.69.

K-Tech Solutions (NASDAQ:KMRK) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $2.63 million during the quarter.

About K-Tech Solutions

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.