Mariner LLC purchased a new stake in shares of Lotus Technology Inc. (NASDAQ:LOT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 394,963 shares of the company's stock, valued at approximately $1,426,000. Mariner LLC owned 0.06% of Lotus Technology at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. State Street Corp purchased a new position in shares of Lotus Technology during the 3rd quarter worth approximately $58,000. Tidal Investments LLC bought a new stake in shares of Lotus Technology during the third quarter valued at approximately $402,000. JPMorgan Chase & Co. purchased a new stake in Lotus Technology in the third quarter worth $32,000. Merit Financial Group LLC bought a new position in Lotus Technology in the fourth quarter worth $46,000. Finally, Drive Wealth Management LLC purchased a new position in Lotus Technology during the fourth quarter valued at $89,000. 63.40% of the stock is owned by institutional investors.
Lotus Technology Trading Down 1.2 %
Shares of LOT stock opened at $1.32 on Friday. The company's fifty day moving average price is $1.65 and its 200-day moving average price is $3.04. The stock has a market cap of $896.66 million, a PE ratio of -0.85 and a beta of 0.28. Lotus Technology Inc. has a 12 month low of $1.06 and a 12 month high of $13.85.
Lotus Technology (NASDAQ:LOT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported ($0.66) earnings per share for the quarter. The business had revenue of $271.53 million for the quarter.
About Lotus Technology
(
Free Report)
Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.
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