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Lotus Technology (NASDAQ:LOT) Shares Gap Up - Should You Buy?

Lotus Technology logo with Auto/Tires/Trucks background

Shares of Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $4.35, but opened at $4.48. Lotus Technology shares last traded at $4.45, with a volume of 923 shares.

Lotus Technology Stock Up 0.5 %

The company has a debt-to-equity ratio of 7.93, a current ratio of 0.70 and a quick ratio of 0.49. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of -3.63 and a beta of 0.14. The firm's 50-day simple moving average is $4.88 and its two-hundred day simple moving average is $6.28.

Lotus Technology (NASDAQ:LOT - Get Free Report) last released its quarterly earnings data on Wednesday, August 28th. The company reported ($0.30) EPS for the quarter. The company had revenue of $225.03 million for the quarter.

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.

Further Reading

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