Lotus Technology (NASDAQ:LOT) Experiences 6.7% Drop in Shares

Lotus Technology Inc. experiences financial challenges: An analysis of its market cap, PE ratio, debt-to-equity ratio, and liquidity positioning.

Lotus Technology Inc. (NASDAQ: LOT) experienced a 6.7% decrease in its stock price on Tuesday, with shares trading as low as $6.15 and closing at $6.23. The company’s market cap is $421.58 million, and it has a PE ratio of -7.42, a beta of 0.13, and a debt-to-equity ratio of 7.93, along with a current ratio of 0.78 and quick ratio of 0.57, which are financial metrics that indicate the company’s financial health status, where lower debt-to-equity ratios mean better liquidity positioning for the company to pay off its debts or invest in new opportunities while high current ratios indicate that the company can cover its short-term liabilities easily without having to take on additional debt while quick ratio measures how quickly the company can convert its assets into cash to pay short term liabilities which is an important indicator for investors evaluating the creditworthiness of companies whose operations rely heavily on short term financing such as automotive manufacturing companies that have long inventory cycles and large receivables but small current assets

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