Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) shares saw an uptick in trading volume on Friday . 74,042 shares changed hands during trading, a decline of 41% from the previous session's volume of 126,041 shares.The stock last traded at $4.39 and had previously closed at $4.03.
Lotus Technology Price Performance
The firm has a market capitalization of $2.82 billion, a P/E ratio of -2.67 and a beta of 0.10. The company has a debt-to-equity ratio of 7.93, a quick ratio of 0.46 and a current ratio of 0.61. The stock has a 50 day moving average of $4.13 and a two-hundred day moving average of $5.20.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of LOT. Tidal Investments LLC acquired a new stake in shares of Lotus Technology in the third quarter worth $402,000. JPMorgan Chase & Co. bought a new stake in Lotus Technology in the 3rd quarter valued at $32,000. Finally, State Street Corp acquired a new stake in Lotus Technology in the 3rd quarter worth $58,000. Institutional investors and hedge funds own 63.40% of the company's stock.
About Lotus Technology
(
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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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