Luda Technology Group (NYSEAMERICAN:LUD) Releases Earnings Results

Luda Technology Group (NYSEAMERICAN:LUD) announced its quarterly earnings results on Friday. The company reported ($0.08) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $5.92 million during the quarter.

Luda Technology Group Stock Performance

Shares of Luda Technology Group stock opened at $3.63 on Friday. Luda Technology Group has a 12 month low of $2.90 and a 12 month high of $24.20. The stock’s fifty day moving average price is $4.01 and its 200-day moving average price is $4.98.

Luda Technology Group Company Profile

We are a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. Our history began with Luda HK which was incorporated in Hong Kong in 2004 and is principally engaged in the trading of steel flanges and fittings. In 2005, the Company’s business expanded further upstream when Luda PRC was set up to commence the manufacturing of flanges and fittings with self-owned factory in China. We have established an operation history of over 20 years. We are principally engaged in (i) the manufacture and sale of stainless steel and carbon steel flanges and fittings products; and (ii) trading of steel pipes, valves, and other steel tubing products.