Deutsche Bank Aktiengesellschaft recently initiated coverage on Lotus Technology, with a “hold” rating and a target price of $7.00. The company’s 50-day moving average is $7.86, with a debt-to-equity ratio of 7.93 and current and quick ratios of 0.78 and 0.57, respectively. Lotus Technology has a market capitalization of $421.58 million, a PE ratio of -7.42, and a beta of 0.13.
On Tuesday, Lotus Technology Inc. (NASDAQ: LOT) experienced a 6.7% decrease in its stock price, trading as low as $6.15 and closing at $6
