Luda Technology Group (NYSEAMERICAN:LUD) Shares Up 5.5% – Here’s What Happened

Shares of Luda Technology Group Limited (NYSEAMERICAN:LUDGet Free Report) traded up 5.5% during trading on Friday . The stock traded as high as $9.52 and last traded at $9.52. Approximately 3,697 shares were traded during trading, a decline of 39% from the average session volume of 6,076 shares. The stock had previously closed at $9.02.

Luda Technology Group Stock Up 5.5%

The business’s 50-day moving average price is $8.54 and its 200 day moving average price is $8.37. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.57 and a quick ratio of 1.39.

About Luda Technology Group

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Luda Technology Group Ltd (AMEX:LUD) is a US-listed technology company specializing in the development and commercialization of artificial intelligence and autonomous system solutions. The company’s core expertise lies in SLAM (Simultaneous Localization and Mapping) and advanced perception algorithms, enabling real-time 3D mapping, navigation and obstacle avoidance for robotic and unmanned platforms. Luda’s technology base supports applications ranging from indoor service robots to outdoor autonomous vehicles.

Its product suite comprises both hardware modules and software development kits designed for integration by original equipment manufacturers and system integrators.

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