Citadel Advisors LLC Acquires Shares of 16,384 Lobo EV Technologies Ltd. (NASDAQ:LOBO)

Citadel Advisors LLC acquired a new stake in Lobo EV Technologies Ltd. (NASDAQ:LOBO) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 16,384 shares of the company’s stock, valued at approximately $29,000.

Lobo EV Technologies Stock Down 5.2%

Shares of Lobo EV Technologies stock opened at $0.63 on Friday. The business has a 50-day moving average of $0.76 and a 200-day moving average of $1.30. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.74 and a current ratio of 1.31. Lobo EV Technologies Ltd. has a 1-year low of $0.46 and a 1-year high of $3.52.

Lobo EV Technologies Profile

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.