Lotus Technology (NASDAQ:LOT) Sets New 12-Month Low – Time to Sell?

Lotus Technology Inc. (NASDAQ:LOTGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $4.23 and last traded at $4.23, with a volume of 97284 shares changing hands. The stock had previously closed at $4.37.

Lotus Technology Price Performance

The firm has a market capitalization of $2.87 billion, a PE ratio of -3.51 and a beta of 0.14. The company has a debt-to-equity ratio of 7.93, a quick ratio of 0.49 and a current ratio of 0.70. The stock has a fifty day moving average price of $4.86 and a 200-day moving average price of $6.27.

Lotus Technology (NASDAQ:LOTGet Free Report) last issued its earnings results on Wednesday, August 28th. The company reported ($0.30) EPS for the quarter. The firm had revenue of $225.03 million during the quarter.

Lotus Technology Company Profile

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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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