Lotus Technology Inc. (NASDAQ:LOT - Get Free Report)'s share price gapped down prior to trading on Wednesday . The stock had previously closed at $1.17, but opened at $1.08. Lotus Technology shares last traded at $1.19, with a volume of 36,591 shares traded.
Lotus Technology Stock Up 15.3 %
The stock has a market cap of $921.04 million, a P/E ratio of -0.87 and a beta of 0.28. The firm's 50 day simple moving average is $1.91 and its two-hundred day simple moving average is $3.27.
Institutional Trading of Lotus Technology
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Mariner LLC bought a new position in Lotus Technology during the 4th quarter worth $1,426,000. Tidal Investments LLC grew its position in shares of Lotus Technology by 39.0% during the fourth quarter. Tidal Investments LLC now owns 110,270 shares of the company's stock worth $401,000 after acquiring an additional 30,933 shares during the last quarter. Townsquare Capital LLC acquired a new stake in shares of Lotus Technology in the 4th quarter worth about $236,000. Orion Portfolio Solutions LLC bought a new stake in Lotus Technology in the 4th quarter valued at about $165,000. Finally, Savant Capital LLC bought a new stake in Lotus Technology in the 4th quarter valued at about $109,000. 63.40% of the stock is currently owned by institutional investors and hedge funds.
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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