Know Labs (NYSEAMERICAN:KNW) Reaches New 12-Month High – Should You Buy?

Know Labs, Inc. (NYSEAMERICAN:KNWGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $3.71 and last traded at $5.50, with a volume of 10872 shares traded. The stock had previously closed at $3.15.

Know Labs Stock Performance

The stock has a market capitalization of $219.56 million, a P/E ratio of -10.10 and a beta of 1.54.

Hedge Funds Weigh In On Know Labs

An institutional investor recently bought a new position in Know Labs stock. Ingalls & Snyder LLC acquired a new stake in shares of Know Labs, Inc. (NYSEAMERICAN:KNWFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 416,667 shares of the company’s stock, valued at approximately $72,000. Ingalls & Snyder LLC owned 0.37% of Know Labs as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 23.96% of the company’s stock.

About Know Labs

(Get Free Report)

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.

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