Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) reached a new 52-week low on Saturday . The company traded as low as $3.05 and last traded at $3.19, with a volume of 114815 shares traded. The stock had previously closed at $3.21.
Lotus Technology Trading Down 0.6 %
The company has a fifty day simple moving average of $3.76 and a 200-day simple moving average of $4.73. The company has a market capitalization of $2.16 billion, a PE ratio of -2.04 and a beta of 0.13.
Lotus Technology (NASDAQ:LOT - Get Free Report) last released its quarterly earnings data on Thursday, November 21st. The company reported ($0.30) earnings per share (EPS) for the quarter.
Institutional Investors Weigh In On Lotus Technology
A number of institutional investors and hedge funds have recently added to or reduced their stakes in LOT. Drive Wealth Management LLC purchased a new stake in Lotus Technology in the 4th quarter valued at about $89,000. Merit Financial Group LLC purchased a new stake in shares of Lotus Technology in the 4th quarter valued at approximately $46,000. JPMorgan Chase & Co. acquired a new position in shares of Lotus Technology in the 3rd quarter worth approximately $32,000. Tidal Investments LLC acquired a new position in shares of Lotus Technology in the 3rd quarter worth approximately $402,000. Finally, State Street Corp purchased a new position in shares of Lotus Technology during the 3rd quarter worth approximately $58,000. Hedge funds and other 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.
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