Know Labs (NYSEAMERICAN:KNW) Reaches New 1-Year High – What’s Next?

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

Know Labs Stock Up 82.7 %

The company has a market cap of $639.89 million, a PE ratio of -28.86 and a beta of 1.54.

Hedge Funds Weigh In On Know Labs

A hedge fund recently bought a new stake in Know Labs stock. Ingalls & Snyder LLC purchased a new stake in shares of Know Labs, Inc. (NYSEAMERICAN:KNW) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 416,667 shares of the company’s stock, valued at approximately $72,000. Ingalls & Snyder LLC owned approximately 0.37% of Know Labs at the end of the most recent reporting period. 23.96% of the stock is owned by institutional investors and hedge funds.

About Know Labs

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.