Lotus Technology Inc. (NASDAQ:LOT - Get Free Report)'s share price hit a new 52-week low on Thursday . The company traded as low as $2.20 and last traded at $2.22, with a volume of 105987 shares traded. The stock had previously closed at $2.38.
Lotus Technology Stock Performance
The stock has a fifty day simple moving average of $3.10 and a two-hundred day simple moving average of $4.09. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of -1.26 and a beta of 0.09.
Institutional Trading of Lotus Technology
A number of large investors have recently bought and sold shares of LOT. State Street Corp acquired a new stake in Lotus Technology during the 3rd quarter worth about $58,000. Tidal Investments LLC acquired a new stake in shares of Lotus Technology in the 3rd quarter valued at about $402,000. JPMorgan Chase & Co. acquired a new stake in shares of Lotus Technology in the 3rd quarter valued at about $32,000. Merit Financial Group LLC acquired a new stake in shares of Lotus Technology in the 4th quarter valued at about $46,000. Finally, Drive Wealth Management LLC acquired a new stake in shares of Lotus Technology in the 4th quarter valued at about $89,000. 63.40% of the stock is currently owned by institutional investors and hedge funds.
Lotus Technology Company Profile
(
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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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