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Luda Technology Group (NYSE:LUD) Shares Down 0.7% - Here's What Happened

Luda Technology Group logo with Manufacturing background

Shares of Luda Technology Group (NYSE:LUD - Get Free Report) were down 0.7% on Wednesday . The company traded as low as $3.95 and last traded at $4.01. Approximately 5,624 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 43,776 shares. The stock had previously closed at $4.04.

Luda Technology Group Stock Up 3.6%

The company's 50 day moving average is $4.07.

Luda Technology Group Company Profile

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We are a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. Our history began with Luda HK which was incorporated in Hong Kong in 2004 and is principally engaged in the trading of steel flanges and fittings. In 2005, the Company's business expanded further upstream when Luda PRC was set up to commence the manufacturing of flanges and fittings with self-owned factory in China.

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