Lotus Technology Inc. (NASDAQ:LOT - Get Free Report)'s share price reached a new 52-week low on Saturday . The company traded as low as $2.73 and last traded at $2.73, with a volume of 97072 shares trading hands. The stock had previously closed at $2.85.
Lotus Technology Trading Up 4.9 %
The stock has a fifty day simple moving average of $3.55 and a 200-day simple moving average of $4.50. The company has a market capitalization of $1.89 billion, a PE ratio of -1.79 and a beta of 0.10.
Lotus Technology (NASDAQ:LOT - Get Free Report) last posted its earnings results on Thursday, November 21st. The company reported ($0.30) earnings per share for the quarter.
Hedge Funds Weigh In On Lotus Technology
Several large investors have recently bought and sold shares of the stock. Tidal Investments LLC acquired a new stake in shares of Lotus Technology in the 3rd quarter valued at about $402,000. Savant Capital LLC purchased a new position in shares of Lotus Technology during the fourth quarter worth approximately $109,000. Drive Wealth Management LLC acquired a new position in shares of Lotus Technology in the 4th quarter valued at $89,000. Bleakley Financial Group LLC purchased a new stake in Lotus Technology in the 4th quarter valued at $48,000. Finally, Merit Financial Group LLC acquired a new stake in Lotus Technology during the 4th quarter worth $46,000. Institutional investors and hedge funds 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.
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