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 $6.38, up 9.43% from the previous day, and has decreased 37.88% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.27 percentage points. Lotus Technology stock is currently +16% from its 52-week low of $5.50, and -64.54% from its 52-week high of $17.99.
As of May 1, 2024, there are 673.48M shares of LOT outstanding. The market cap of LOT is $4.30B. In the past 24 hours, 32,863 LOT shares were traded.
How to Buy Lotus Technology Stock
Wondering how to invest in Lotus Technology stock? Here's how.
- Choose where to buy Lotus Technology stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Lotus Technology stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your info.
- 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 market research tools can help you understand if LOT is a good stock to buy).
- Place your LOT buy order: Decide if you will purchase LOT shares at the current market price or use a limit order to buy LOT shares at a given price.
- Get the latest scoop on your LOT investment: Create a watchlist to keep tabs on your new investment in Lotus Technology shares.
Step 1: Choose where to buy Lotus Technology stock
You need an online brokerage account in order to access the NASDAQ market and buy LOT stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world financial markets: From Tech to Industrials, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal details so you are able to invest in LOT stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on one of the best stock market apps, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring money into your brokerage account.
Step 4: Analyze Lotus Technology stock
Once you have chosen the best place to buy Lotus Technology stock, it's critical to evaluate their stock prior to buying, so you can understand the risk as well as the upside.
Lotus Technology Numbers
Lotus Technology Fundamentals
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on LOT's stock page.
Is LOT stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge LOT's fair value.
You can access more valuation research on LOT's stock here.
LOT Financial Health Summary
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.
- Total LOT debt is still negative.
- There are more short-term liabilities than short-term assets on the LOT balance sheet.
- LOT has $426.81M in cash and short term investments. This is not enough to cover its annual cash burn of $595.53M.
- LOT has cash burn of 595529000. It does not have sufficient cash and short-term investments to cover this.
- LOT profit margin has gone up by 74.73 percentage points in the past year, but the company is still unprofitable.
Metrics for Advanced LOT Traders
LOT Growth Numbers
Last year, LOT revenue was $679.01M. During the past two year, LOT's revenue has gone up by 1,257.07% per year. This was faster than the Auto Manufacturers industry average of 38.77%.
You can research LOT's earnings and revenue performance here.
Who is buying/selling LOT?
In the last 12 months, executives and large shareholders at LOT have not bought or sold any shares.
Learn more about who owns LOT shares here.
Does LOT provide a stable income stream?
No, Lotus Technology doesn't provide an income stream by paying out dividends.
What others are saying about LOT
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your LOT buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, use a limit order.
Press the Open Trade button and eToro will place the order.
If you want more assistance buying stocks on eToro, click the helpful video below:
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 stock purchase.
Start a watchlist to get alerted to the latest events about your LOT stock.
LOT Feed
How to Buy Stock in Lotus Technology
To summarize, here are the 6 steps to buy Lotus Technology stock:
- Choose where to buy Lotus Technology stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Analyze Lotus Technology stock
- Place your LOT buy order
- Get the latest scoop on your LOT investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to watch your investment in Lotus Technology, add LOT to your watchlist below.
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