Lotus Technology Inc. ADR (NASDAQ: LOT) Stock: Can It Go Higher?

In the last trading session, 3.55 million shares of the Lotus Technology Inc. ADR (NASDAQ:LOT) were traded, and its beta was 0.26. Most recently the company’s share price was $2.19, and it changed around $0.61 or 38.61% from the last close, which brings the market valuation of the company to $1.48B. LOT currently trades at a discount to its 52-week high of $13.85, offering almost -532.42% off that amount. The share price’s 52-week low was $1.42, which indicates that the current value has risen by an impressive 35.16% since then. We note from Lotus Technology Inc. ADR’s average daily trading volume that its 10-day average is 0.48 million shares, with the 3-month average coming to 141.71K.

Lotus Technology Inc. ADR stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended LOT as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Lotus Technology Inc. ADR is expected to report earnings per share of 0 for the current quarter.

Lotus Technology Inc. ADR (NASDAQ:LOT) trade information

Instantly LOT has showed a green trend with a performance of 38.61% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.4200 on recent trading dayincreased the stock’s daily price by 9.5%. The company’s shares are currently down -39.34% year-to-date, but still up 42.21% over the last five days. On the other hand, Lotus Technology Inc. ADR (NASDAQ:LOT) is -14.79% down in the 30-day period. We can see from the shorts that 0.13 million shares have been sold at a short interest cover period of 0.93 day(s).

Lotus Technology Inc. ADR (NASDAQ:LOT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 80.62% of Lotus Technology Inc. ADR shares, and 8.24% of them are in the hands of institutional investors. The stock currently has a share float of 42.52%.

Amplify Lithium & Battery Technology ETF and Fidelity Nasdaq Composite Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 110.27 shares worth $0.24 million, making up 0.02% of all outstanding shares. On the other hand, Fidelity Nasdaq Composite Index Fund held roughly 10.05 shares worth around $22013.0, which represents about 0.00% of the total shares outstanding.