Mariner LLC purchased a new position in shares of Lotus Technology Inc. (NASDAQ:LOT - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 394,963 shares of the company's stock, valued at approximately $1,426,000. Mariner LLC owned approximately 0.06% of Lotus Technology at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of LOT. State Street Corp acquired a new position in shares of Lotus Technology in the 3rd quarter worth approximately $58,000. Tidal Investments LLC acquired a new position in Lotus Technology in the third quarter worth $402,000. JPMorgan Chase & Co. bought a new stake in shares of Lotus Technology during the third quarter worth $32,000. Merit Financial Group LLC acquired a new stake in shares of Lotus Technology in the fourth quarter valued at $46,000. Finally, Drive Wealth Management LLC bought a new position in shares of Lotus Technology in the fourth quarter valued at about $89,000. Institutional investors own 63.40% of the company's stock.
Lotus Technology Stock Performance
Shares of NASDAQ LOT traded up $0.28 during trading on Thursday, reaching $1.91. The company had a trading volume of 108,372 shares, compared to its average volume of 159,317. Lotus Technology Inc. has a 52 week low of $1.06 and a 52 week high of $13.85. The business's 50 day moving average price is $1.59 and its 200-day moving average price is $2.98. The stock has a market cap of $1.29 billion, a PE ratio of -1.21 and a beta of 0.28.
Lotus Technology (NASDAQ:LOT - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported ($0.66) earnings per share (EPS) for the quarter. The company had revenue of $271.53 million during the quarter.
Lotus Technology Profile
(
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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