Know Labs (NYSEAMERICAN:KNW) Stock Price Down 11.3% – What’s Next?

Know Labs, Inc. (NYSEAMERICAN:KNW)’s stock price was down 11.3% on Friday . The company traded as low as $0.19 and last traded at $0.21. Approximately 1,348,592 shares traded hands during trading, an increase of 383% from the average daily volume of 279,144 shares. The stock had previously closed at $0.24.

Know Labs Stock Performance

The company has a market cap of $23.03 million, a P/E ratio of -1.07 and a beta of 1.50.

Institutional Investors Weigh In On Know Labs

An institutional investor recently raised its position in Know Labs stock. PFG Investments LLC raised its position in Know Labs, Inc. (NYSEAMERICAN:KNW) by 886.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 976,838 shares of the company’s stock after buying an additional 877,838 shares during the quarter. 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.