Lotus Technology Inc. (NASDAQ:LOT - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $3.91, but opened at $3.80. Lotus Technology shares last traded at $3.95, with a volume of 7,463 shares.
Lotus Technology Stock Performance
The business's fifty day moving average price is $4.14 and its two-hundred day moving average price is $5.20. 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 market capitalization of $2.73 billion, a P/E ratio of -2.58 and a beta of 0.10.
Institutional Trading of Lotus Technology
Several hedge funds and other institutional investors have recently bought and sold shares of LOT. State Street Corp bought a new stake in shares of Lotus Technology in the 3rd quarter worth about $58,000. Tidal Investments LLC purchased a new stake in Lotus Technology in the 3rd quarter worth about $402,000. Finally, JPMorgan Chase & Co. bought a new stake in Lotus Technology in the third quarter worth about $32,000. 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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