Shares of Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $1.32, but opened at $1.45. Lotus Technology shares last traded at $1.28, with a volume of 47,177 shares.
Lotus Technology Trading Down 2.3 %
The stock has a market cap of $866.86 million, a price-to-earnings ratio of -0.82 and a beta of 0.28. The company has a 50 day simple moving average of $1.78 and a 200-day simple moving average of $3.14.
Institutional Trading of Lotus Technology
Institutional investors have recently made changes to their positions in the business. Mariner LLC bought a new stake in Lotus Technology during the 4th quarter worth about $1,426,000. Tidal Investments LLC acquired a new position in Lotus Technology during the third quarter valued at approximately $402,000. Townsquare Capital LLC bought a new position in Lotus Technology in the fourth quarter valued at approximately $236,000. Orion Portfolio Solutions LLC acquired a new position in shares of Lotus Technology during the 4th quarter worth approximately $165,000. Finally, Savant Capital LLC bought a new stake in shares of Lotus Technology during the 4th quarter worth approximately $109,000. Institutional investors own 63.40% of the company's stock.
Lotus Technology Company Profile
(
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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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