11,533 Shares in Lotus Technology Inc. (NASDAQ:LOT) Purchased by State Street Corp

State Street Corp acquired a new position in Lotus Technology Inc. (NASDAQ:LOT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 11,533 shares of the company’s stock, valued at approximately $58,000.

Lotus Technology Trading Down 1.5 %

LOT opened at $3.83 on Friday. The company has a debt-to-equity ratio of 7.93, a quick ratio of 0.46 and a current ratio of 0.61. The stock’s 50 day moving average price is $4.05 and its 200-day moving average price is $5.07. Lotus Technology Inc. has a one year low of $3.15 and a one year high of $17.99. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of -2.46 and a beta of 0.10.

Lotus Technology Profile

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.