Lotus Technology Inc. (NASDAQ:LOT - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $2.61 and last traded at $2.67, with a volume of 10205 shares changing hands. The stock had previously closed at $2.63.
Lotus Technology Stock Performance
The company has a market cap of $1.62 billion, a PE ratio of -1.53 and a beta of 0.09. The stock's 50 day moving average price is $3.37 and its 200-day moving average price is $4.36.
Lotus Technology (NASDAQ:LOT - Get Free Report) last issued its quarterly earnings data on Thursday, November 21st. The company reported ($0.30) EPS for the quarter.
Institutional Investors Weigh In On Lotus Technology
A number of large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. bought a new stake in Lotus Technology in the 3rd quarter worth approximately $32,000. State Street Corp bought a new stake in shares of Lotus Technology during the 3rd quarter valued at $58,000. Merit Financial Group LLC bought a new stake in shares of Lotus Technology during the 4th quarter valued at $46,000. Bleakley Financial Group LLC bought a new stake in shares of Lotus Technology during the 4th quarter valued at $48,000. Finally, Blue Barn Wealth LLC bought a new stake in shares of Lotus Technology during the 4th quarter valued at $53,000. Institutional investors own 63.40% of the company's stock.
Lotus Technology Company Profile
(
Get 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.
Read More
Before you consider Lotus Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lotus Technology wasn't on the list.
While Lotus Technology currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
