Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as $3.21 and last traded at $3.24, with a volume of 22765 shares trading hands. The stock had previously closed at $3.41.
Lotus Technology Price Performance
The business has a 50-day moving average of $4.26 and a 200 day moving average of $5.44. The company has a current ratio of 0.61, a quick ratio of 0.46 and a debt-to-equity ratio of 7.93. The firm has a market capitalization of $2.26 billion, a P/E ratio of -2.13 and a beta of 0.10.
Institutional Trading of Lotus Technology
An institutional investor recently bought a new position in Lotus Technology stock. State Street Corp bought a new stake in shares of Lotus Technology Inc. (NASDAQ:LOT - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,533 shares of the company's stock, valued at approximately $58,000. Hedge funds and other institutional investors 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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