Lobo EV Technologies (NASDAQ:LOBO) Trading 1.4% Higher – Here’s What Happened

Lobo EV Technologies Ltd. (NASDAQ:LOBOGet Free Report) rose 1.4% during mid-day trading on Thursday . The stock traded as high as $1.48 and last traded at $1.41. Approximately 27,486 shares traded hands during mid-day trading, an increase of 82% from the average daily volume of 15,120 shares. The stock had previously closed at $1.39.

Lobo EV Technologies Stock Up 4.3 %

The company has a debt-to-equity ratio of 0.02, a current ratio of 1.31 and a quick ratio of 0.74. The company’s 50-day simple moving average is $1.89 and its 200-day simple moving average is $2.19.

Lobo EV Technologies Company Profile

(Get Free Report)

Lobo EV Technologies Ltd. designs, develops, manufactures, and sells e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles in the People’s Republic of China. The company operates through two segments, Electric Vehicles and Accessories Sales, and Software Royalties and Development and Design Services.

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