Lotus Technology (NASDAQ:LOT) Posts Quarterly Earnings Results

Lotus Technology (NASDAQ:LOT) released its quarterly earnings results on Wednesday. The company reported ($0.30) earnings per share (EPS) for the quarter, reports. The company had revenue of $225.03 million for the quarter.

Lotus Technology Stock Performance

Shares of LOT opened at $5.52 on Friday. The company has a debt-to-equity ratio of 7.93, a current ratio of 0.78 and a quick ratio of 0.57. Lotus Technology has a one year low of $4.50 and a one year high of $17.99. The company has a 50-day simple moving average of $6.12. The stock has a market capitalization of $373.56 million, a P/E ratio of -6.57 and a beta of 0.12.

Lotus Technology Company 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.