Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) shares rose 6% during mid-day trading on Monday . The stock traded as high as $1.43 and last traded at $1.40. Approximately 15,411 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 158,213 shares. The stock had previously closed at $1.32.
Lotus Technology Stock Performance
The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of -1.29 and a beta of 0.28. The company has a fifty day simple moving average of $1.57 and a two-hundred day simple moving average of $2.94.
Lotus Technology (NASDAQ:LOT - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The company reported ($0.66) earnings per share for the quarter. The company had revenue of $271.53 million for the quarter.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of LOT. Mariner LLC bought a new stake in shares of Lotus Technology in the 4th quarter valued at about $1,426,000. Tidal Investments LLC acquired a new stake in Lotus Technology during the 3rd quarter valued at approximately $402,000. Townsquare Capital LLC bought a new position in Lotus Technology during the 4th quarter worth approximately $236,000. Orion Portfolio Solutions LLC bought a new position in Lotus Technology during the 4th quarter worth approximately $165,000. Finally, Savant Capital LLC acquired a new position in shares of Lotus Technology in the 4th quarter worth approximately $109,000. 63.40% of the stock is currently owned by institutional investors.
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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