Previous close | 6.63 |
Open | 6.50 |
Bid | 6.58 x 100 |
Ask | 6.73 x 100 |
Day's range | 6.36 - 6.70 |
52-week range | 5.50 - 17.99 |
Volume | |
Avg. volume | 182,898 |
Market cap | 4.534B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
We feel now is a pretty good time to analyse Lotus Technology Inc.'s ( NASDAQ:LOT ) business as it appears the company...
Lotus Technology reported a sequential surge in quarterly revenue on Monday, less than two months after going public, due to strong demand for its luxury electric cars. The revenue jump is despite demand for electric cars growing at a slower-than-expected pace as high interest rates discourage buyers from making big-ticket purchases. The company was valued at about $7 billion in a deal with special purpose acquisition company, L Catterton Asia Acquisition Corp, when it went public in February.
Trading under the ticker LOT on the Nasdaq, Lotus Tech will focus on the higher end of the EV market.