Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 171,800 shares, a decrease of 17.4% from the September 30th total of 208,100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 91,000 shares, the days-to-cover ratio is currently 1.9 days.
Lotus Technology Price Performance
Shares of LOT stock traded down $0.01 during trading hours on Monday, reaching $4.29. 106,665 shares of the company were exchanged, compared to its average volume of 120,317. 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 cap of $2.91 billion, a price-to-earnings ratio of -3.52 and a beta of 0.11. The stock's fifty day moving average is $5.00 and its two-hundred day moving average is $6.35. Lotus Technology has a fifty-two week low of $4.26 and a fifty-two week high of $17.99.
Lotus Technology (NASDAQ:LOT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 28th. The company reported ($0.30) earnings per share (EPS) for the quarter. The business had revenue of $225.03 million during the quarter.
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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