Shares of Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) traded down 4.9% on Friday . The company traded as low as $3.39 and last traded at $3.37. 35,901 shares were traded during trading, a decline of 71% from the average session volume of 123,154 shares. The stock had previously closed at $3.54.
Lotus Technology Trading Down 2.0 %
The company has a market cap of $2.35 billion, a price-to-earnings ratio of -2.22 and a beta of 0.13. The business's 50 day moving average price is $3.88 and its 200-day moving average price is $4.83.
Institutional Trading of Lotus Technology
Several hedge funds and other institutional investors have recently bought and sold shares of LOT. JPMorgan Chase & Co. bought a new stake in shares of Lotus Technology during the 3rd quarter valued at $32,000. State Street Corp bought a new stake in Lotus Technology during the third quarter worth about $58,000. Merit Financial Group LLC acquired a new stake in Lotus Technology during the fourth quarter worth about $46,000. Finally, Tidal Investments LLC bought a new position in Lotus Technology in the 3rd quarter valued at about $402,000. Institutional investors and hedge funds own 63.40% of the company's stock.
About Lotus Technology
(
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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