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Luda Technology Group (NYSE:LUD) Stock Price Down 21.3% - Here's What Happened

Luda Technology Group logo with Manufacturing background

Luda Technology Group (NYSE:LUD - Get Free Report)'s stock price was down 21.3% during trading on Wednesday . The company traded as low as $6.36 and last traded at $6.55. Approximately 66,440 shares were traded during trading, an increase of 58% from the average daily volume of 42,179 shares. The stock had previously closed at $8.32.

Luda Technology Group Trading Down 9.8%

The business has a fifty day moving average price of $4.87.

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.

Further Reading

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