Lotus Technology Inc. ADR (LOT) Shares Up Despite Recent Market Volatility

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The stock price of Lotus Technology Inc. ADR (NASDAQ: LOT) has jumped by 5.53 compared to previous close of 4.34. Despite this, the company has seen a gain of 2.46% in its stock price over the last five trading days. globenewswire.com reported 2024-10-17 that NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first nine months of 2024.

Is It Worth Investing in Lotus Technology Inc. ADR (NASDAQ: LOT) Right Now?

The 36-month beta value for LOT is at 0.10. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for LOT is 676.64M, and currently, shorts hold a 0.03% of that float. The average trading volume for LOT on October 18, 2024 was 84.83K shares.

LOT’s Market Performance

LOT stock saw a decrease of 2.46% in the past week, with a monthly decline of -8.40% and a quarterly a decrease of -29.75%. The volatility ratio for the week is 5.89%, and the volatility levels for the last 30 days are 5.07% for Lotus Technology Inc. ADR (LOT). The simple moving average for the past 20 days is -4.66% for LOT’s stock, with a -37.57% simple moving average for the past 200 days.

LOT Trading at -10.52% 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 -74.54% of loss for the given period.

Volatility was left at 5.07%, however, over the last 30 days, the volatility rate increased by 5.89%, as shares sank -10.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.94% lower at present.

During the last 5 trading sessions, LOT rose by +2.46%, in comparison to the 20-day moving average, which settled at $4.80. In addition, Lotus Technology Inc. ADR saw -57.51% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for LOT

Current profitability levels for the company are sitting at:

  • -0.65 for the present operating margin
  • 0.16 for the gross margin

The net margin for Lotus Technology Inc. ADR stands at -0.66. The total capital return value is set at -1.01. Equity return is now at value -3518.47, with -49.87 for asset returns.

Based on Lotus Technology Inc. ADR (LOT), the company’s capital structure generated 1.27 points at debt to capital in total, while cash flow to debt ratio is standing at -0.49. The debt to equity ratio resting at -4.75. The interest coverage ratio of the stock is -46.13.

Currently, EBITDA for the company is -665.87 million with net debt to EBITDA at -0.4. When we switch over and look at the enterprise to sales, we see a ratio of 3.23. The receivables turnover for the company is 11.2for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.

Conclusion

In conclusion, Lotus Technology Inc. ADR (LOT) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.

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