Lotus Technology (NASDAQ:LOTWW) Stock Price Up 49.3% – Here’s Why

by · The Markets Daily

Lotus Technology Inc. (NASDAQ:LOTWW – Get Free Report)’s share price shot up 49.3% during trading on Friday . The company traded as high as $0.26 and last traded at $0.25. 1,533 shares traded hands during trading, a decline of 96% from the average session volume of 35,025 shares. The stock had previously closed at $0.17.

Lotus Technology Price Performance

The business has a fifty day simple moving average of $0.25 and a two-hundred day simple moving average of $0.29.

About Lotus Technology

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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.

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