Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) shares saw an uptick in trading volume on Monday . 272,679 shares were traded during mid-day trading, an increase of 103% from the previous session's volume of 134,117 shares.The stock last traded at $2.13 and had previously closed at $1.58.
Lotus Technology Trading Down 1.1 %
The stock has a market cap of $1.24 billion, a P/E ratio of -1.18 and a beta of 0.14. The stock's 50-day moving average is $2.35 and its 200-day moving average is $3.61.
Institutional Trading of Lotus Technology
Several institutional investors have recently modified their holdings of LOT. Bank of America Corp DE raised its position in Lotus Technology by 178.8% in the fourth quarter. Bank of America Corp DE now owns 7,560 shares of the company's stock worth $27,000 after acquiring an additional 4,848 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in Lotus Technology during the third quarter valued at approximately $32,000. Jane Street Group LLC bought a new stake in Lotus Technology during the fourth quarter worth approximately $37,000. Merit Financial Group LLC acquired a new position in Lotus Technology in the fourth quarter worth approximately $46,000. Finally, Bleakley Financial Group LLC bought a new position in shares of Lotus Technology in the fourth quarter valued at $48,000. 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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