Lotus Technology Inc. (NASDAQ:LOT - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $1.42 and last traded at $1.54, with a volume of 134321 shares trading hands. The stock had previously closed at $1.61.
Lotus Technology Trading Up 5.3 %
The stock's 50-day moving average is $2.49 and its 200-day moving average is $3.72. The company has a market cap of $1.07 billion, a price-to-earnings ratio of -1.01 and a beta of 0.14.
Institutional Trading of Lotus Technology
Several institutional investors have recently made changes to their positions in LOT. State Street Corp bought a new stake in shares of Lotus Technology in the 3rd quarter worth $58,000. Tidal Investments LLC bought a new stake in shares of Lotus Technology in the 3rd quarter worth $402,000. JPMorgan Chase & Co. bought a new stake in shares of Lotus Technology in the 3rd quarter worth $32,000. Merit Financial Group LLC bought a new stake in shares of Lotus Technology in the 4th quarter worth $46,000. Finally, Drive Wealth Management LLC bought a new stake in shares of Lotus Technology in the 4th quarter worth $89,000. Institutional investors own 63.40% of the company's stock.
About Lotus Technology
(
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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