Lotus Technology Inc. (NASDAQ:LOT - Get Free Report) was up 5.6% during mid-day trading on Thursday . The company traded as high as $2.17 and last traded at $2.17. Approximately 58,451 shares changed hands during trading, a decline of 59% from the average daily volume of 141,618 shares. The stock had previously closed at $2.05.
Lotus Technology Trading Up 1.8%
The company's 50 day simple moving average is $1.74 and its 200 day simple moving average is $2.53. The stock has a market capitalization of $1.50 billion, a PE ratio of -1.42 and a beta of 0.43.
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 hedge funds have recently made changes to their positions in LOT. Jane Street Group LLC grew its holdings in Lotus Technology by 64.1% in the first quarter. Jane Street Group LLC now owns 16,966 shares of the company's stock valued at $27,000 after purchasing an additional 6,629 shares during the period. Tidal Investments LLC grew its holdings in Lotus Technology by 39.0% in the fourth quarter. Tidal Investments LLC now owns 110,270 shares of the company's stock valued at $401,000 after purchasing an additional 30,933 shares during the period. Bank of America Corp DE grew its holdings in Lotus Technology by 178.8% in the fourth quarter. Bank of America Corp DE now owns 7,560 shares of the company's stock valued at $27,000 after purchasing an additional 4,848 shares during the period. Marshall Wace LLP purchased a new stake in Lotus Technology in the fourth quarter valued at approximately $63,000. Finally, Mariner LLC purchased a new stake in Lotus Technology in the fourth quarter valued at approximately $1,426,000. Institutional investors and hedge funds own 63.40% of the company's stock.
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.
Featured Articles
Before you consider Lotus Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lotus Technology wasn't on the list.
While Lotus Technology currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
