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How to Buy Lotus Technology Stock

Lotus Technology Inc

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.

Lotus Technology stock last closed at $5.89, up 0.98% from the previous day, and has decreased 42.63% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.27 percentage points. Lotus Technology stock is currently +7.13% from its 52-week low of $5.50, and -67.25% from its 52-week high of $17.99.

As of Apr 24, 2024, there are 474.62M shares of LOT outstanding. The market value of LOT is $2.80B. In the last 24 hours, 9322 LOT shares were traded.

How to Buy Lotus Technology Stock

Wondering how to invest in Lotus Technology stock? Here's how.
  1. Choose where to buy Lotus Technology stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Lotus Technology stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Select your method of payment and add your information.
  4. Analyze Lotus Technology stock: The Lotus Technology ticker symbol is LOT. Is Lotus Technology stock a good investment? Should you buy shares of LOT? How do LOT's underlying business fundamentals look? Do top analysts think Lotus Technology is a good buy? Why has LOT's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if LOT is a good stock to buy).
  5. Place your LOT buy order: Decide if you will purchase LOT shares at the current market price or use a limit order to purchase LOT shares at a particular price.
  6. Get the latest scoop on your LOT investment: Create a watchlist to key updates about your investment in Lotus Technology stock.

Step 1: Choose where to buy Lotus Technology stock

You need an online brokerage account to access the NASDAQ market and buy LOT shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by signing up for an account with eToro now.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, you need to fill out some personal info so you can buy LOT stock today.

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  1. Click here to get started.
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  2. Provide your personal info to start a new trading account.
  1. Submit your application by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your brokerage account

Now that you've opened your account on the best stock trading app, your next step is to transfer the money for your investment:

Watch the walkthrough below if you need help transferring money into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Lotus Technology stock

After you have figured out the best place to buy Lotus Technology stock, it's important to analyze their stock before you buy, so you actually comprehend the risk and upside.

Lotus Technology stock data

LOT Price
$5.89
1w %
-5.73%
1y %
-42.63%
5y %
N/A
P/E
-3.68x
P/B
-2.32x
P/S
4.12x
PEG
N/A
Revenue
$679.01M
Earnings
-$757.12M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$2.80B
Next Earnings
N/A
Next Dividend
N/A

Lotus Technology Due Diligence Checks

WallStreetZen was designed to help average investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on LOT's stock page.

What is the fair value of LOT stock?

You can use many financial metrics, analyses, models, and charts to gauge LOT's intrinsic value.

You can do more valuation analysis on LOT's stock here.

LOT Financial Health Overview

Pros:

  • There are more short-term assets than long-term liabilities on the LOT balance sheet.

Cons:

  • LOT debt to equity ratio of -2 is negative.
  • LOT profit margin has gone up by 74.73 percentage points in the past year, but the company is still unprofitable.
  • There are more short-term liabilities than short-term assets on the LOT balance sheet.
  • Total LOT debt is still negative.

LOT Technical Indicators

SMA10
6.16
SMA20
6.47
SMA50
7.73
SMA100
9.19
SMA200
9.91
MACD
-0.48
MACD Signal
-0.48
MACD Histogram
0
RSI
37.11
Stochastic %K
23.09
Stochastic %D
17.29
StochRSI %K
33.1
StochRSI %D
21.46

LOT Earnings

Last year, LOT revenue was $679.01M. Over the past 2 year, LOT's revenue has gone up by 1,257.07% per year. This was faster than the Auto Manufacturers industry average of 35.74%.

You can analyze LOT's earnings and revenue performance here.

What are LOT executives and large shareholders up to?

Over the past year, executives and large shareholders at LOT have not bought or sold any shares.

Get more info about who owns LOT stock here.

Can I rely on LOT as an income stream?

No, Lotus Technology doesn't provide an income stream by paying out dividends.

LOT Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Place your LOT buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, place a limit order.

Press the Open button and your broker will execute the order.

If you need additional info about investing in stocks on eToro, watch the how to video below:

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Step 6: Get the latest scoop on your LOT investment

Now that you own some LOT shares, you'll want to stay up-to-date on your new investment.

Start a watchlist to monitor your LOT stock.

LOT Feed

How to Buy Stock in Lotus Technology

To reiterate, here are the 6 steps for buying Lotus Technology stock:

  1. Choose where to buy Lotus Technology stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Lotus Technology stock
  5. Place your LOT buy order
  6. Get the latest scoop on your LOT investment

If you are looking for a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Lotus Technology, hit the button below to create your watchlist.

NASDAQ: LOT
$5.89+0.06 (+0.98%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: LOT
$5.89+0.06 (+0.98%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lotus Technology share?

As of Apr 24, 2024, it costs $5.89 to buy one share of Lotus Technology stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.339 shares of LOT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Lotus Technology stock?

One way to place an order for Lotus Technology stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.