Deutsche Bank Aktiengesellschaft began coverage on shares of Lotus Technology (NASDAQ:LOT – Free Report) in a research report sent to investors on Monday morning, Benzinga reports. The firm issued a hold rating and a $7.00 target price on the stock.
Lotus Technology Trading Up 3.7 %
LOT stock opened at $5.88 on Monday. Lotus Technology has a fifty-two week low of $5.50 and a fifty-two week high of $17.99. The company has a market cap of $170.23 million, a price-to-earnings ratio of -12.25 and a beta of -0.16.
Lotus Technology (NASDAQ:LOT – Get Free Report) last posted its earnings results on Monday, April 8th. The company reported ($0.49) earnings per share for the quarter. The business had revenue of $361.07 million during the quarter.
Lotus Technology Company Profile
Lotus Technology Inc engagers in the design, development, and sale of sports luxury lifestyle battery electric vehicles. It offers electric sports car models, including Eletre and Emeya. The company is based in Shanghai, China.
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