Lobo Ev Technologies Ltd (NASDAQ:LOBO) does about 2.54M shares in volume on a normal day but saw 1531177 shares change hands in the recent trading day. The company now has a market cap of 9.23M USD. Its current market price is $1.07, marking a decrease of -10.83% compared to the previous close of $1.20. The 52 week high reached by this stock is $3.52 whilst the lowest price level in 52 weeks is $0.46.
Lobo Ev Technologies Ltd (LOBO) has a 20-day trading average at $0.7897 and the current price is -69.60% off the 52-week high compared with 132.46% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8929 and its 200-day simple moving average is $1.7634. If we look at the stock’s price movements over the week, volatility stands at 52.88%, which decreases to 25.15% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.13 to suggest the stock is neutral.
The consensus objective for the share price is $4.00, suggesting that the stock has a potential upside of 73.25% over the period.
The current price level is 35.49%, 19.83%, and -39.32% away from its SMA20, SMA50, and SMA200 respectively, with the LOBO price moving below the 50-day SMA on current market day. Lobo Ev Technologies Ltd (LOBO) stock is up 50.97% over the week and 72.50% over the past month. Its price is -40.72% year-to-date and -62.32% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 73.25 percent from here.
Outstanding shares total 7.78M with insiders holding 67.26% of the shares and institutional holders owning 0.27% of the company’s common stock. The beta has a value of 2.63. Price to book ratio is 1.05.
