Lotus Technology Inc. ADR (NASDAQ: LOT)’s stock price has gone rise by 10.90 in comparison to its previous close of 7.80, however, the company has experienced a 35.58% increase in its stock price over the last five trading days. Invezz reported 2024-04-07 that Lotus Technology (NASDAQ: LOT) stock price will be in focus this week as the company publishes its first earnings as a publicly traded company. The management will hope that these earnings will boost a stock, which has plunged by over 58% from its highest level in February, erasing almost $2 billion in value.
Is It Worth Investing in Lotus Technology Inc. ADR (NASDAQ: LOT) Right Now?
Moreover, the 36-month beta value for LOT is 0.00.
The public float for LOT is 28.85M and currently, short sellers hold a 0.81% of that float. On May 09, 2024, LOT’s average trading volume was 61.22K shares.
LOT’s Market Performance
LOT stock saw an increase of 35.58% in the past week, with a monthly gain of 28.13% and a quarterly increase of -6.69%. The volatility ratio for the week is 13.35%, and the volatility levels for the last 30 days are 9.05% for Lotus Technology Inc. ADR (LOT). The simple moving average for the last 20 days is 35.96% for LOT’s stock, with a simple moving average of -11.10% for the last 200 days.
LOT Trading at 25.96% from the 50-Day Moving Average
After a stumble in the market that brought LOT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.92% of loss for the given period.
Volatility was left at 9.05%, however, over the last 30 days, the volatility rate increased by 13.35%, as shares surge +32.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.45% lower at present.
During the last 5 trading sessions, LOT rose by +35.58%, in comparison to the 20-day moving average, which settled at $6.47. In addition, Lotus Technology Inc. ADR saw -19.76% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LOT
Equity return is now at value 0.33, with -21.67 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.
Conclusion
To wrap up, the performance of Lotus Technology Inc. ADR (LOT) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
