Lotus Technology Inc. (NASDAQ:LOT - Get Free Report)'s stock price traded up 4% during mid-day trading on Wednesday . The stock traded as high as $2.07 and last traded at $2.07. 151,680 shares were traded during mid-day trading, a decline of 4% from the average session volume of 158,750 shares. The stock had previously closed at $1.99.
Lotus Technology Trading Down 0.9%
The firm has a market capitalization of $1.45 billion, a P/E ratio of -1.37 and a beta of 0.27. The firm has a 50 day moving average price of $1.70 and a 200-day moving average price of $2.62.
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 (EPS) for the quarter. The firm had revenue of $271.53 million during the quarter.
Institutional Investors Weigh In On Lotus Technology
Several institutional investors have recently modified their holdings of the stock. Mariner LLC bought a new stake in shares of Lotus Technology during the 4th quarter worth approximately $1,426,000. Townsquare Capital LLC bought a new stake in shares of Lotus Technology during the 4th quarter worth approximately $236,000. Orion Portfolio Solutions LLC bought a new stake in shares of Lotus Technology during the 4th quarter worth approximately $165,000. Tidal Investments LLC lifted its stake in shares of Lotus Technology by 39.0% during the 4th quarter. Tidal Investments LLC now owns 110,270 shares of the company's stock worth $401,000 after acquiring an additional 30,933 shares during the last quarter. Finally, Savant Capital LLC bought a new stake in shares of Lotus Technology during the 4th quarter worth approximately $109,000. 63.40% of the stock is 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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