Lotus Expertise (NASDAQ:LOT) Shares Down 6.7%

Lotus Expertise Inc. (NASDAQ:LOT – Get Free Report)’s inventory worth was down 6.7% on Tuesday . The inventory traded as little as $6.15 and final traded at $6.23. Roughly 72,611 shares modified arms throughout buying and selling, a decline of 53% from the typical day by day quantity of 154,145 shares. The inventory had beforehand closed at $6.68.

Analyst Rankings Adjustments

Individually, Deutsche Financial institution Aktiengesellschaft assumed protection on Lotus Expertise in a analysis word on Monday, April twenty second. They issued a “maintain” score and a $7.00 worth goal on the inventory.

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Lotus Expertise Buying and selling Down 6.7 %

The enterprise’s 50 day easy shifting common is $7.86. The corporate has a debt-to-equity ratio of seven.93, a present ratio of 0.78 and a fast ratio of 0.57. The agency has a market cap of $421.58 million, a PE ratio of -7.42 and a beta of 0.13.

Lotus Expertise (NASDAQ:LOT – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, Might twenty ninth. The corporate reported ($0.47) earnings per share for the quarter. The enterprise had income of $173.08 million through the quarter.

Lotus Expertise Firm Profile

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Lotus Expertise Inc engages within the design, improvement, and sale of battery electrical way of life automobiles worldwide. It additionally distributes sports activities vehicles. The corporate sells its merchandise below the Lotus model. Lotus Expertise Inc is predicated in Shanghai, China.

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