Luda Technology Group (LUD) Stock Price, News & Analysis

Company Overview

Luda Technology Group Inc. (NYSE: LUD) is a China-based mobility and technology company that develops and operates an integrated digital platform for transportation services. Headquartered in Beijing, the company’s core business is its ride-hailing application, which connects drivers and passengers across multiple service categories. Through its proprietary matching algorithms and real-time data analytics, Luda Technology Group aims to deliver efficient, safe and cost-effective travel solutions to urban and suburban commuters.

The company’s primary offerings include standard ride-hailing, carpooling, and premium services, as well as taxi-hailing and designated driver solutions. In addition to passenger transport, Luda Technology Group has expanded into light-goods logistics, providing on-demand delivery for small parcels and commercial clients. Complementary services such as vehicle rental, driver recruitment, and supply-chain finance are also offered via the platform, positioning the company as a one-stop mobility ecosystem for both individual users and business partners.

Since launching its platform in 2018, Luda Technology Group has focused on serving China’s second- and third-tier cities, where it seeks to fill gaps left by larger competitors. The service now operates in over 300 cities across the mainland, supported by a network of millions of registered drivers and tens of millions of users. By leveraging localized marketing, strategic partnerships with local governments and continuous enhancements to its app interface, the company has steadily increased market penetration outside major metropolitan areas.

Founded by Zhang Chi, Luda Technology Group completed its initial public offering on the New York Stock Exchange in December 2021. The company is led by an experienced management team with deep roots in China’s mobility sector. Under the direction of Chairman and Chief Executive Officer Zhang Chi, the firm continues to invest in technology development, expand its service footprint and pursue strategic initiatives designed to capture further share in the fast-growing ride-hailing and logistics markets.

Key Stats

• Today's Range: $4.06 to $4.14
• 50-Day Range: $3.79 to $6.09
• 52-Week Range: $3.40 to $8.00
• Volume: 2,311 shs
• Average Volume: 39,504 shs
• Market Capitalization: $93.03 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

LUD Stock Analysis - Frequently Asked Questions

How have LUD shares performed this year?

Luda Technology Group's stock was trading at $4.06 on January 1st, 2025. Since then, LUD shares have decreased by 1.5% and is now trading at $4.00.

When did Luda Technology Group IPO?

Luda Technology Group (LUD) raised $10 million in an initial public offering on Thursday, February 27th 2025. The company issued 2,500,000 shares at $4.00 per share.

When does Luda Technology Group's lock-up period expire?

Luda Technology Group's lock-up period expires on Tuesday, August 26th. Luda Technology Group had issued 2,500,000 shares in its initial public offering on February 27th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. After the end of Luda Technology Group's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

How do I buy shares of Luda Technology Group?

Shares of LUD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Manufacturing
• Industry: Blast Furnaces & Steel Works
• Sub-Industry: Steel Works
• Current Symbol: NYSE:LUD
• CIK: 1984124
• Web: N/A
• Phone: 852 2994 8774
• Fax: N/A
• Employees: 161
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $44.86 million
• Price / Sales: 2.02
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 22,690,000
• Free Float: N/A
• Market Cap: $90.76 million
• Optionable: N/A
• Beta: N/A